Prime Development Land in Arakawa Ward, Tokyo
This listing presents a prime development opportunity in Tokyo's Arakawa Ward. The property is a vacant plot of land (更地) located in Higashi-Nippori 2-chome, designated for residential building use. With a total land area of 74.16 square meters (approximately 22.43 tsubo), the site is ideally suited for the construction of an apartment building (マンション用地). The land is flat, has a road frontage of 5.7 meters on its eastern side, and benefits from full ownership rights.
The property is situated in a Quasi-Industrial Zone (準工業地域) within a City Planning Area, with a building coverage ratio of 60% and a floor area ratio of 300%. The land is ready for immediate handover, offering a swift development timeline. The price is set at 74,000,000 JPY.
The area of Higashi-Nippori offers a blend of residential calm and excellent accessibility. It is within an 8-minute walk from the Tokyo Metro Hibiya Line's Minowa Station and a 12-minute walk from the JR Joban Line's Mikawashima Station, providing direct connections to Ueno, Akihabara, and central Tokyo. An interesting local fact is that the nearby Minowa area is historically known for its traditional shitamachi (downtown) atmosphere and was once a major production center for Japanese geta (wooden clogs). The closest major landmark is the historic Senso-ji Temple in Asakusa, one of Tokyo's oldest and most significant Buddhist temples, easily accessible via a short train ride from the nearby stations.
