Prime Investment Land in Okinawa City with High-Yield Military Lease
This 1078 square meter plot of land, located in Okinawa City's Yamaguchi 1-chome, presents a rare and lucrative investment opportunity. The property is designated as military land associated with Kadena Air Base, offering a stable and substantial annual lease income of 1,859,991 yen. The current lease multiplier is an impressive 48 times, indicating strong demand and a high return on investment. The land is classified as a '宅地見込地' (land suitable for building residential housing), making it a valuable asset for future development. This listing is for one of two available lots within the subdivision.
According to the agent's notes, this is an income-generating property and a military land parcel. The price of 89.28 million yen is detailed with payment structure notes: a deposit (contract application fee), judicial scrivener fees, and brokerage commission. The agent encourages consultation for financing plans and preliminary loan screening. The property listing was updated on February 26, 2026, with a public posting deadline of March 11, 2026.