Land for Sale in Okinawa City: A Versatile 948.59m² Plot in Momohara
This 948.59 square meter plot of land (approximately 286.95 tsubo) is available for sale in the Momohara 2-chome area of Okinawa City. Priced at 43,040,000 JPY, this substantial parcel offers significant potential for various development projects, including apartment buildings, subdivision lots, material storage yards, facility sites, or parking areas. The seller has already completed a confirmed survey and a topographic survey, and will bear the costs for the removal of any remaining structures and the level difference survey. Please note that other various expenses will apply; details are available upon inquiry.
The property comes with several important notes that are critical for prospective buyers. To the north, there is a retaining wall approximately 4 meters high. A water channel (culvert) on the south side is managed by Okinawa City. On the northwest side, there is an embankment resulting in a road level difference of roughly 3 to 4 meters. The land is located within a sediment disaster warning zone (Yellow Zone). Importantly, an application for conversion from agricultural land is mandatory for any development. All other detailed specifications should be confirmed through direct inquiry.
The land is officially registered as farmland and is situated within a Category I Low-Rise Exclusive Residential District, with a building coverage ratio of 50% and a floor area ratio of 100%. It has road frontage to the east on a 4-meter-wide road. The transaction is an exclusive intermediary arrangement, and the land rights are ownership. There is a private road burden included (7.62 m²). The handover date is negotiable.
