Spacious 746.7m² Land for Sale in Okinawa City
This expansive plot of land, measuring approximately 746.7 square meters (about 225.87 tsubo), presents a versatile opportunity in the sought-after area of Okinawa City. The property is designated as residential land within a Category 1 Residential Zone, offering a building coverage ratio of 60% and a floor area ratio of 200%. Its flat, corner lot configuration and clear status make it an ideal blank canvas for development.
Critical agent notes provide essential details for potential buyers. The property requires a setback, and prior to the sale, a land subdivision process with the road section is necessary. This means the effective usable area may increase or decrease. Furthermore, a portion of the land is currently leased out as a parking lot. Interested parties are advised to inquire for more specific details regarding this existing tenancy.
The location offers excellent convenience, being close to a bustling downtown area. Currently, the land is leased as a monthly parking lot, meaning it can be continued as an income-generating property immediately upon purchase, providing immediate yield potential.