Land for Sale in Okinawa City with Unique Military Land Lease Arrangement
This substantial plot of land, spanning 871.98 square meters (approximately 263.77 tsubo), is available for purchase in the Shomisato area of Okinawa City, Okinawa Prefecture. The property is listed at a price of 84,850,000 JPY. It is important to note that this land is designated as military land associated with Kadena Air Base. A critical component of this listing is the annual lease fee payable to the military, which is 1,767,648 JPY, with a lease multiplier of 48. Prospective buyers must factor this ongoing financial obligation into their investment calculations.
According to the agent's special notes, the annual fixed asset tax for the property is 170,663 JPY, and the brokerage commission for this transaction is 2,866,050 JPY. The location offers convenient access to major transportation routes, situated approximately 930 meters northwest of the Okinawa Minami Interchange on the expressway. The agent encourages interested parties to inquire without hesitation for further details.
The Shomisato district in Okinawa City provides a blend of residential and commercial areas, with the notable presence of the U.S. Kadena Air Base being a defining feature of the local landscape and economy. For recreation and tourism, the area is within a reasonable driving distance of the Okinawa Prefectural Peace Memorial Museum and the scenic coastline of the East China Sea, offering profound historical insights and beautiful ocean views.
