Located in Morinomae, Takata-cho, Rikuzentakata City, Iwate Prefecture, this property presents an excellent land development opportunity. The 664-square-meter plot is situated in a Neighborhood Commercial Zone with favorable building regulations, allowing for a building coverage ratio of 80% and a floor area ratio of 200%.

The property is currently vacant and ready for development. It's notable that the land is under a land readjustment project and is designated as a temporary reallocation plot (KB44 Block, Plot 2). The area is well-connected, with access to the JR Ofunato Line via Rikuzentakata Station (BRT).

Rikuzentakata City offers a mild climate throughout the year due to its oceanfront location. The area has undergone significant redevelopment since the 2011 tsunami, including the construction of seawalls and elevation of land. The nearby Miracle Pine Tree and Takata-Matsubara Road Station have become popular landmarks, attracting both visitors and new residents to this evolving community.