Vacant Land in Oarai, Ibaraki – A Prime Development Opportunity

This is a vacant plot of land located in Isohamacho, Oarai Town, Higashiibaraki District, Ibaraki Prefecture. The property is being offered for sale at 3,700,000 JPY. The land area is 181.71 square meters, which equates to approximately 54.96 tsubo. The land rights are freehold, and the site is currently vacant and ready for immediate viewing by appointment. The property is situated in a quasi-fire prevention zone and has a required setback of approximately 1.6 square meters. There are no building conditions attached to the sale, offering flexibility for the future owner. The site is subject to a cliff ordinance due to a height difference of over 2 meters on the north and northwest sides. Existing features on the land include a well, a prefabricated shed, and a carport, all of which will be handed over in their current condition. The property faces a south-facing 3.6-meter public road. The area is designated as a urbanization promotion area, with a building coverage ratio of 80% and a floor area ratio of 200%. The land is zoned for commercial use. The property is approximately a 28-minute walk from Oarai Station on the Kashima Rinkai Railway Oarai Kashima Line.