Prime Development Land with Immediate Income in Nakagusuku Village
This exceptional land parcel, located in the sought-after Minamiuehara district of Nakagusuku Village, Okinawa, presents a prime opportunity for investors and developers. Spanning approximately 520.52 square meters (about 157.5 tsubo), the flat, vacant plot is designated as farmland and is part of the Minamiuehara land readjustment project area. The property boasts a highly advantageous location with frontage on both a prefectural road and a village road, offering excellent accessibility and versatility for various potential uses.
Critical agent notes have been translated for full transparency. The property features immediate availability for handover, along with connections to city gas, municipal water supply, and sewer systems—essential infrastructure already in place. A significant highlight is the existing monthly rental income of approximately 80,000 yen generated from a parking lot on the site, providing immediate cash flow. The land is sold with no building conditions attached, offering complete freedom for the buyer's development plans. The fixed asset tax for the 2025 fiscal year (Reiwa 7) is noted as 227,463 yen.
The surrounding Minamiuehara area offers excellent daily convenience, with amenities like the San-A supermarket, hospitals, and Nakagusuku Minami Elementary School all within walking distance. For a fascinating local excursion, the historic Nakagusuku Castle Ruins, a UNESCO World Heritage site, is just a short drive away, offering breathtaking views and a deep dive into Ryukyuan history from its perch on a hill overlooking the East China Sea.
