Prime Development Land in Ishigaki's Maesato Area
This expansive land parcel in Ishigaki City, Okinawa, presents a significant opportunity for residential or commercial development. The property spans a generous 2,584.84 square meters (approximately 781.91 tsubo) and is attractively priced at 117.3 million yen, equating to a competitive price per tsubo of 150,000 yen. The land is classified as "gen'ya" (wilderness/undeveloped land) and falls within a Category I Low-Rise Residential Zone, indicating its suitability for apartment complexes or detached housing projects.
Key property characteristics include a building-to-land ratio of 50% and a floor area ratio of 100%. The land rights are full ownership with no private road maintenance burdens. The agent notes highlight that the land is recommended for apartment or detached house construction, and subdivision consultations are possible, offering flexibility for potential investors or developers. The handover date is negotiable.
