Prime Land Parcel Adjacent to Futenma Air Base in Okinawa
This 612.06 square meter plot of land is a notable investment opportunity located in the Ginowan area of Okinawa Prefecture. The property is situated adjacent to the Futenma Air Base, a significant U.S. military facility. A key feature highlighted in the agent's notes is that the land is part of a military base leasehold, offering a high yield with a 45x multiplier and individual title. The annual lease income exceeds 1.26 million yen, with no history of arrears in payments, making it a stable income-generating asset. Furthermore, the property offers favorable tax conditions, making it suitable for asset inheritance and succession planning. The agent specifically notes that for military base land, apartment buildings, and other income properties, Nissen Home is the expert to consult.
The land is designated for residential use (宅地) and is located within an Urbanization Control Area (市街化調整区域). It has a building coverage ratio of 60% and a floor area ratio of 200%. Access is convenient, with the Nagata bus stop approximately a 9-minute walk away. The property is available for immediate handover.
The surrounding area of Ginowan City offers a mix of urban convenience and coastal Okinawan lifestyle. An interesting local fact is that Ginowan is home to the Okinawa Convention Center, a major venue for international events, which underscores the city's growing role as a business and cultural hub. The closest major landmark is the iconic Okinawa Convention Center, featuring distinctive modern architecture and hosting numerous exhibitions and concerts, easily accessible from this location.