Building Site in Iwaki City, Fukushima Prefecture

This is a south-west facing corner plot of approximately 86.95 tsubo (287.47 square meters) located in the Hei Nakahiragubo 2-chome area of Iwaki City, Fukushima Prefecture. The land is an irregularly shaped, level plot and will be delivered as cleared land after the existing building is demolished. The site benefits from good sunlight exposure. It is situated in a quiet residential area near a park. Within walking distance, there are convenience stores, a drugstore, and a supermarket. A bus stop is a three-minute walk away, providing access to Iwaki Station and commuting routes. This property is sold with a building condition: it is a condition of sale that a construction contract for a house is concluded with Tohoku Misawa Homes Co., Ltd. within three months of the land purchase agreement. If a contract is not established within this period, the land sale contract becomes void, and any deposit paid will be returned in full, minus any costs for stamps. The property has public water supply, an individual septic tank, and individual LPG gas. The plot is zoned as residential land in a Category 1 medium-to-high-rise residential zone with a building coverage ratio of 70% and a floor area ratio of 200%. There are also regulations under the Landscape Law, a shadow restriction, and a corner cut-off requirement. The site is accessed via a 6-meter-wide road to the south (with a 15.2-meter frontage) and a 6-meter-wide road to the west (with a 17.8-meter frontage). A reference building plan is available, showing a potential house with a building price of 28.5 million yen and a floor area of 118.41 square meters, though this is only an example and not mandatory.