Located in Takata-cho Oishi, Rikuzentakata City, Iwate Prefecture, this vacant land plot presents an excellent opportunity for development. The property spans a generous 368 square meters and is situated in a Type 1 residential zone. As part of an ongoing land readjustment project, the plot is currently designated as temporary reallocation.
The property benefits from its proximity to the Rikuzentakata Station on the JR Ofunato Line (BRT), offering convenient transportation links. The area features a building coverage ratio of 60% and a floor area ratio of 200%, providing ample development potential for prospective buyers.
Rikuzentakata City itself is known for its relatively mild climate throughout the year and has undergone significant redevelopment following the 2011 tsunami, including the construction of seawalls and elevation of land. The area has seen an influx of new residents and maintains a welcoming atmosphere for those interested in community development and entrepreneurship.