Land for Sale in Okinawa City with Unique Military Land Lease Potential

This property is a 248.7 square meter plot of land located in the Daiku Mawari area of Okinawa City, Okinawa Prefecture. The land is designated as "宅地" (residential land) and is being offered for sale at a price of 40,000,000 yen. A critical feature of this property is that it is classified as "軍用地" (military land), specifically related to the nearby Kadena Air Base. The listing notes that the land is being sold with the condition that it will be subdivided to allow for a single title holder. The agent's special remarks, translated from the Japanese, state: "It will be subdivided and become a single title (^^)/". Furthermore, the listing elaborates that the sale is conducted with the intention of subdividing the plot so that the annual lease income from the military land use is expected to reach 800,000 yen, with a lease multiplier of 50.