Prime Investment Land in Okinawa City with High-Yield Military Lease

This exceptional land parcel, located in Okinawa City's Yamaguchi 1-chome, presents a rare investment opportunity. The property spans a generous 1,722 square meters (approximately 520.9 tsubo) and is designated as farmland. Its most significant feature is its status as a military-leased property for Kadena Air Base, offering a remarkably stable and lucrative income stream.

According to the agent's notes, the land is leased to the U.S. military, generating an annual ground rent of 2,971,156 yen. The lease boasts an impressive multiplier of 48 times the annual rent, indicating a high-value, secure investment. The land is categorized as a '宅地見込地' (land slated for residential development), suggesting future potential for rezoning. This listing is for one of two available plots within the subdivision.

The property is offered for sale at 142,610,000 yen. Important notes for prospective buyers include the requirement for an initial deposit (手付金/contract application fee), separate legal scrivener fees (司法書士費用), and a standard brokerage commission (仲介手数料). The agent strongly encourages consultation for financing plans and pre-approval processes.