Land for Sale in Okinawa City with US Military Lease Details
This listing presents a 70 square meter plot of land located in the Daiku Mawari area of Okinawa City, Okinawa Prefecture. The property is priced at 3.97 million yen. It is classified as "military land" (軍用地), specifically part of the popular Kadena Ammunition Storage Area. The land is designated as forest land (山林) and is expected to be suitable for residential development (宅地見込地). The listing is aimed at first-time buyers, noting the price range is easy to purchase.
Critical agent notes provide essential financial and contractual details. The sale target land is lot number 617-16, with an area of 70 sqm, as noted within the aerial map reference 617-3. The calculated lease fee is 88,302 yen (unit price 1,261.47 yen). The land price is 45 times the lease fee. The annual lease fee increase rate for the fiscal year Reiwa 7 (2025) is 1.25%. Importantly, the ownership transfer costs will be borne by the buyer. Furthermore, no settlement will be made for the Reiwa 7 fiscal year's lease fee or fixed asset tax.