Located in Takata-cho, Rikuzentakata City, Iwate Prefecture, this vacant land property presents an excellent development opportunity. The 449-square-meter plot is situated in a Type 1 residential zone, offering flexibility for various residential constructions. The property is currently undergoing land readjustment project and is designated as a temporary replotting area (KA07 Block, Plot 10).

The location benefits from relatively mild weather throughout the year due to oceanic influences. Following the Great East Japan Earthquake, the area has seen significant redevelopment, including seawall construction and elevation of land. The nearby Miracle Pine Tree and the newly opened Takata-Matsubara Road Station have become local landmarks, bringing new vitality to the area.

The property offers a building coverage ratio of 60% and a floor-area ratio of 200%. It's accessible via the JR Ofunato Line's Rikuzentakata Station (BRT), making it convenient for daily commuting. The land is currently vacant and ready for development, with both purchase and lease options available for consideration.