Military Land Investment Opportunity in Okinawa City

This listing presents a significant investment opportunity in Okinawa City, specifically for a 1,690 square meter plot of military land (軍用地). The property is designated as part of the Japan Ground Self-Defense Force's Okinawa Training Area (陸自・沖縄訓練場). The agent's notes provide critical details for potential investors. The annual lease fee for this land is 1,922,983 yen, with a multiplier of 45 times. Both the annual lease fee and the fixed asset tax will be prorated and settled at the time of transaction completion. It is explicitly noted that there is no planned return (返還予定はありません) of this land, indicating a long-term or permanent leasehold arrangement.

The property is categorized as miscellaneous land (雑種地) and is offered at a price of 86,534,000 yen. Additional costs for the buyer include an estimated 300,000 yen for ownership transfer registration fees in Reiwa 7 (2025), to be split equally between seller and buyer, and a fixed asset tax of 173,191 yen for the same fiscal year. A 30,000 yen stamp duty is also applicable. The property is being handled as a brokerage transaction.