Prime Development Land with Existing Income in Nakagusuku Village
This 520.52 m² (approximately 157.45 tsubo) plot of land presents a significant opportunity in the sought-after Minamiuehara district of Nakagusuku Village, Okinawa. Strategically positioned with frontage on both a prefectural road and a village road, the property offers excellent access and versatility for various development uses. A key feature is the existing parking lot rental on the site, which generates a steady monthly income of approximately 80,000 yen, providing immediate cash flow for a prospective owner.
The land is classified as farmland and is situated within a Category II Residential and Category I Low-Rise Residential zone, with a building coverage ratio of 60% and a floor area ratio of 200%. The terrain is flat and vacant, ready for construction. Essential utilities are already in place, including city gas, water supply, and sewer systems. A special note for buyers is the provided fixed asset tax amount for the Reiwa 7 fiscal year (2025), which is 227,463 yen.
Nakagusuku Village is a historically rich area in central Okinawa, known for the stunning Nakagusuku Castle Ruins, a UNESCO World Heritage Site offering panoramic views of the East China Sea. The village blends Okinawan history with modern residential living, providing a unique setting. The property is conveniently located within a 5-minute walk from the Minamiuehara bus stop, enhancing its connectivity.
