Prime Land Parcel Adjacent to Kadena Air Base in Okinawa City
This 142 m² (42.95 tsubo) land parcel, located in Uchida, Okinawa City, presents a unique investment opportunity directly adjacent to the perimeter of Kadena Air Base. The seller is motivated for a quick sale, making this a property with a highly competitive price-to-land rent multiple of 49 times. The site is classified as "宅地見込地" (land projected for residential use) and is part of a military-leased land transaction.
Critical financial and transactional details from the agent's notes have been fully translated: The land rent is 245,008 yen with an annual escalation rate of 1.03%. The fixed asset tax is 23,258 yen. All ownership transfer registration fees and stamp duties are to be borne by the buyer. There will be no pro-rated settlement for land rent or fixed asset tax. The title is under sole ownership. The brokerage commission is calculated as (Price × 3% + 60,000 yen) + consumption tax. Importantly, this listing is for two adjacent plots sold together. However, a single plot can be purchased separately for 6.05 million yen, representing a 49.4-times multiple.
The area of Okinawa City offers a vibrant mix of local culture and American influences due to the nearby base. An interesting fact is that Kadena Air Base is the largest U.S. Air Force installation in the Asia-Pacific region. While the property offers proximity to this major facility, the region is also renowned for its beautiful coastline and cultural sites. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a family-friendly destination featuring diverse wildlife and educational exhibits, located a short drive away.
