Prime Investment Land in Okinawa City
This listing presents a substantial 1,762 square meter plot of land located in the Ikehara district of Okinawa City, Okinawa Prefecture. The property is designated as "military land" (軍用地), specifically part of the Kadena Ammunition Depot area, offering a unique investment opportunity. The annual lease income is 481,968 yen, with a favorable multiplier of 44 times. The lease renewal date is set for February 28, 2026, and the public listing deadline is March 13, 2026.
Critical agent notes have been provided and are fully translated here: The fixed asset tax for Reiwa 7 (2025) is 44,402 yen. The agent's remarks emphasize: "Leave it to us! Established in 1982, we have over 40 years of experience. 'We support you step by step to get closer to your dream home!!'" The listing is handled by Chubu Kōsan Kabushiki-gaisha (Central Development Co., Ltd.), which supports the search for ideal homes and income properties. Founded in 1982 with over 40 years of track record, they cover the largest number of offices in the area, comprehensively handling real estate information across Okinawa Prefecture. They kindly resolve concerns from first-time real estate purchases to operational anxieties. They provide introductions to various loans, thorough advice on funding plans, taxes, and legal matters, and offer assistance.
The area of Okinawa City is a central hub on Okinawa Island, known for its blend of urban convenience and cultural sites. An interesting local fact is that the city is home to the Okinawa Municipal Baseball Stadium, which was used for preliminary baseball games during the 2020 Tokyo Olympics. The closest major landmark and significant tourist attraction is the Okinawa Prefectural Museum & Art Museum, a modern architectural marvel in the nearby city of Naha, offering deep insights into Ryukyuan history, culture, and natural history.