Investment Land in Urasoe with Current Parking Income
This 792 m² plot of land is located in the Maeda district of Urasoe City, Okinawa Prefecture, within a land readjustment area. According to the agent's notes, after the land readjustment (換地後), the property is planned to remain as a corner lot facing roads on two sides. A key feature is that the land is currently generating rental income, leased out as a parking lot for 230,000 yen per month. The agent poses the question: "How about this as a future investment property?"
The property is a vacant, flat lot (更地) in a residential planning zone. It is situated in an urban planning area (市街化区域) zoned as Category II Low-Rise Residential, with a building-to-land ratio of 50% and a floor area ratio of 150%. The land is registered as farmland (畑) but is suitable for development. Access is excellent, with the Monorail's Kyozuka Station approximately a 3-minute walk away, providing a direct link to Naha and other parts of the island.
The area of Urasoe offers a blend of residential convenience and historical significance. An interesting fact is that Urasoe was once the seat of the Ryukyu Kingdom before the capital moved to Shuri in Naha. Today, it's a thriving suburban city. The closest major landmark is the impressive Okinawa Prefectural Museum & Art Museum in the neighboring city of Omoromachi, a cultural hub showcasing Okinawa's unique history and art.
