Located in Morinomae, Takata-cho, Rikuzentakata City, Iwate Prefecture, this vacant land presents an excellent development opportunity. The property is currently undergoing land readjustment project and is designated as a temporary replotting area, specifically identified as KB44 Block 5-1,5-2 plot.

Situated in a Neighborhood Commercial District, this 816-square-meter plot offers generous development potential with a building coverage ratio of 80% and a floor area ratio of 200%. The land is currently vacant and ready for development, making it an attractive opportunity for various commercial or residential projects.

The property benefits from its location near the Rikuzentakata Station on the JR Ofunato Line (BRT), ensuring good connectivity. The area is known for its relatively mild climate throughout the year, being situated in the southeastern edge of Iwate Prefecture. The city has undergone significant redevelopment following the Great East Japan Earthquake, including the construction of seawalls and elevation of land, making it an increasingly attractive location for new developments.