Back to results 647 sqm Land for Sale in Morine, Okinawa City - Military-Use Parcel

Needs Verification

This listing hasn't been verified recently. Tap to request a priority check!

Know someone who would love this? Gift them a subscription

¥55,800,000

Morine, Okinawa City, Okinawa Prefecture

沖縄県沖縄市森根

Sign in to save properties

Buy Business Land Rural

Unlock the full description with a free trial

Includes AI translation, hazard data, cost estimates & nearby amenities

3 days free · cancel anytime

Start Free Trial

Investment Opportunity: Land Parcel Adjacent to Kadena Air Base in Okinawa City

This listing presents a 647 square meter land parcel located in the Morine district of Okinawa City, Okinawa Prefecture. The land is designated as "miscellaneous land" with the classification "expected residential land," indicating its potential for development. A key feature of this property is its status as military-use land (軍用地), situated near the significant Kadena Air Base. The listing emphasizes there is no scheduled return (返還予定: 無), offering a degree of long-term stability for investors.

The agent's special notes provide critical financial details. The listed price of 55.8 million yen includes the land lease fee. Additional annual costs for the Reiwa 7 fiscal year include a land lease fee of 1,116,336 yen, a fixed asset tax of 105,978 yen, and a landowner association fee of approximately 4,465 yen (0.4%). The annual escalation rate for these fees is approximately 1.03%. Ownership transfer costs are to be split equally between the parties. The agent also notes that an estimate of initial costs can be provided upon inquiry. It is important to understand that the displayed price is calculated per square meter, and rounding methods may cause slight variations. All lease-related calculations are based on the Reiwa 7 fiscal year facility unit prices.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Land size: 647 / 6,964sqft

Short-Term Rental (Minpaku)

Transport

OKA

Naha Airport — 26 km away

Nearby Konbini

Family Mart Family Mart — 7 min walk

Internet Connectivity

Natural Hazard Assessment

Flood Risk Low Risk
Landslide Risk Moderate
Tsunami Risk Low Risk
Earthquake Hazard Moderate

Unlock hazard data with a free trial

Flood, landslide, tsunami & earthquake risk for this property

3 days free · cancel anytime

Start Free Trial

Purchase Cost & Tax Estimates

Agent fees, acquisition tax, registration costs & annual property tax

Airbnb Revenue Estimate

Projected nightly rate, occupancy & net income for this property

Investment ROI

Annual yield, break-even timeline & 10-year return projection

Map & Street View

Map loading...

Location Accuracy Notice: Although we try to make the map accurate with coordinates or address details provided, the location data is provided by the agent. This map data should be used as reference for the surrounding area foremost.

Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.