Land with Solar Panels in Mito City, Ibaraki
This land plot is located in Oogushi-cho, Mito City, Ibaraki Prefecture. It is a 749.4 sqm (approximately 226.69 tsubo) parcel with ownership rights. The property is situated in an area designated as a urbanization control area with no specific land use zoning. The building coverage ratio is 60% and the floor area ratio is 200%.
A notable feature of this property is the existing solar panel system, which has been generating approximately 2 million yen in annual revenue since November 2017. This gives the property a current gross yield of about 10.5%. The property is well-suited for those interested in selling electricity back to the grid.
The land has road frontage on the south and east sides. There is no requirement for setback. The property does not have a building condition attached. The land is classified as residential land in the registry. The property is subject to the National Land Use Law but does not require notification.
Regarding utilities, the property is connected to the public water supply. Gas and sewage are other types, and sewer connection is not possible. The property is also adjacent to an east-side waterway, for which a private occupancy permit is not required for current use. While construction is generally not permitted in this area, those who belong to existing settlements may be able to build. The property is sold with an exemption from contractual non-conformity liability.
The nearest station is Tokozumi Station on the Kashima Rinkai Railway Oarai-Kashima Line, which is a 21-minute walk away. The property is located in Mito City, the capital of Ibaraki Prefecture.
