Land for Sale in Itoman City, Okinawa with Future Road Expansion Plan
This property is a plot of land for sale located at Itoman B24-3 in Itoman City, Okinawa Prefecture. The land area is approximately 179.64 square meters (about 54.34 tsubo), though this is a reference area and may change after surveying and subdivision. The site currently contains an existing structure, a two-story reinforced concrete block building with a flat roof, covering 119.66 square meters (36.19 tsubo). This building is unregistered and, due to deterioration, is unusable and requires demolition. The property will be handed over in its current condition, with the building to be demolished. The handover will occur after subdivision, with the seller bearing the subdivision costs. Ownership transfer and surveying costs will be split equally between the seller and buyer.
The property is subject to legal restrictions under the Itoman City Landscape Ordinance and is within an urban planning project area where a road plan exists. The front road, Prefectural Road 256, is scheduled to be widened from its current width to 20 meters. Construction is generally not permitted on the portion of land slated for road widening. The timing of the road plan's execution is undetermined, and the portion of the land included in the road plan is subject to future expropriation, with the amount yet to be determined. The annual fixed asset tax is 23,938 yen (building: 8,381 yen; land: 15,557 yen, based on an approximate land valuation of 10,063,791 yen from the Reiwa 5 fiscal year public charge certificate).
The land is zoned as Quasi-Residential within an urbanization promotion area. The building-to-land ratio is 60% and the floor area ratio is 200%. The property is conveniently located just a 2-minute walk from the Shirominedo-mae bus stop, providing local transport access. The area falls within the Itoman Elementary School district (10-minute walk) and Itoman Junior High School district (12-minute walk).
