Residential Land in Shibukawa, Gunma - Investment Opportunity
This 185.26-square-meter residential land plot presents an excellent opportunity for building a home in Shibukawa City, Gunma Prefecture. Located in an elevated area with a strategic corner lot position, the property offers favorable conditions for residential development in a second-class mid-rise residential zone.
The land is situated just 19 minutes walk from Joetsu Line Shibukawa Station and 8 minutes walk from the girls' high school entrance bus stop (accessible via a 3-minute bus ride), making it conveniently accessible by public transportation. The property benefits from both public road frontage of 10.5 meters and secondary frontage of 16 meters, ensuring good access from multiple directions.
Key features of this property include a building coverage ratio of 60% and floor area ratio of 200%, providing substantial development potential within the residential zoning regulations. As the land is currently bare ground, it offers a clean slate for custom construction. Prospective buyers should note that agricultural land conversion permits will be required, as the property was previously registered as farmland. Additionally, development permission may be necessary depending on the planned structure size.
Shibukawa is located in the heart of Gunma Prefecture, an area rich in natural attractions and cultural heritage. The region is particularly famous for its proximity to Ikaho Hot Spring, one of Japan's most prestigious onsen resort destinations, located approximately 25 kilometers to the south. The area also features Mount Haruna, a prominent volcanic mountain sacred to local communities, and the historic Haruna Shrine perched on its slopes, both popular destinations for hiking and spiritual visits.
The property's elevated position offers potential views and good drainage characteristics typical of hillside locations. This represents a solid investment opportunity for those seeking to build in an established residential area with excellent transportation connections and easy access to major natural attractions.