Land for Sale in Okinawa City: A Strategic Investment Opportunity

This 180 square meter plot of land, located in the Daiku-mawari area of Okinawa City, presents a unique investment opportunity. The property is being offered at a price of 9.77 million yen, which is noted as being below the 10 million yen threshold. A critical feature of this land is its status as a military property (軍用地物件), situated within the vicinity of the Kadena Ammunition Depot. The listing agent's notes highlight a significant price-to-rent multiple of 43 times and an appreciation rate of 1.26%. As the seller is the listing company itself, no brokerage commission will be charged to the buyer, making this a direct transaction.

The land is classified as forest land (山林) and comes with full ownership rights. There is no private road burden (私道負担無し), and possession can be transferred immediately. The property details note that the building coverage ratio and floor area ratio are not specified, and the land use zone is also not designated.