Prime Commercial Land in Kin Town, Okinawa
This 830 square meter (approximately 251 tsubo) plot of land presents a significant commercial development opportunity in Kin Town, Okinawa. The property is priced at 80,330,000 JPY, equating to a unit price of 320,000 JPY per tsubo. The land is classified as "gen'ya" (wilderness/uncultivated land) and its current condition is also wilderness. It falls outside of urban planning areas and has no designated use district, offering flexibility for various project types.
Key zoning regulations include a building coverage ratio of 60% and a floor area ratio of 200%. Legal restrictions include a height limit of 10 meters in principle, excluding resort facilities. The property fronts a road on its eastern side with an approximate frontage of 33 meters; the exact road width is under confirmation, but it is classified as a Type 1, Article 1 road. Access is available via the "Ginbaru" bus stop, approximately a 14-minute walk away, and the Kin Interchange (IC) is about a 9-minute drive.
Additional transaction details are as follows: the fixed asset tax amount is under confirmation, and the delivery date is negotiable. Ownership transfer costs will be split equally between the seller and buyer. The seller will bear the costs for definitive surveying and land subdivision. The brokerage commission is calculated as (Sale Price x 3%) + 60,000 JPY + tax. The handling real estate company is Oroku Shokai Co., Ltd.
The location is notably adjacent to the former "Ginbaru Training Ground," which has been fully returned, and benefits from the "Kin Town Hometown Development Project," which is enhancing medical and sports facilities in the area, indicating promising future growth. Furthermore, the property is just a 3-minute walk from the baseball stadium used for the Rakuten Eagles' Okinawa training camp, adding to its appeal for sports-related ventures.
The surrounding Kin area offers a blend of natural beauty and cultural sites. An interesting local fact is that Kin is home to the Kin Blue Cave, a popular snorkeling and diving spot known for its stunning iridescent blue light. The closest major landmark is the historic Nakagusuku Castle Ruins, a UNESCO World Heritage site located a short drive away, offering panoramic views and a deep dive into Ryukyuan history.
