Spacious 777 Tsubo Land Plot in Okinawa City with Development Potential

This substantial land offering in Okinawa City presents a rare opportunity to acquire a 2,569 m² (approximately 777.12 tsubo) plot of land. Priced at 80,000,000 JPY, the property is situated opposite the Kogen Dai-san Park in the Takahara 3-chome district. The area is well-serviced with supermarkets and offers convenient access, being just a 4-minute walk from the Takahara Crossroads bus stop. The land is categorized as farmland (畑) and is located within a Category I Low-Rise Residential Zone, with a building coverage ratio of 50% and a floor area ratio of 200%.

Critical agent notes have been provided which must be carefully considered. The property is offered "as-is" (現状有姿). Importantly, the land is located within a designated "Sediment Disaster Alert Area" (土砂災害警戒区域), indicating potential risks from landslides or mudflows that require due diligence. Furthermore, the intended use is for farmland, meaning "agricultural land conversion is required" (農地転用を要す) for any residential or commercial development, a process that involves specific legal and administrative procedures.