Located in Takata-cho, Rikuzentakata City, Iwate Prefecture, this vacant land property presents an excellent development opportunity. The plot measures 463 square meters and is situated in a Type 1 residential zone with favorable building conditions, including a 60% building coverage ratio and 200% floor area ratio.
The property is currently undergoing land readjustment project and is designated as a temporary replotting area (KB42 Block, Plot 12). The site offers convenient access, being situated near the Rikuzentakata Station on the JR Ofunato Line (BRT service).
Rikuzentakata City boasts a relatively mild climate throughout the year due to its oceanfront location in southeastern Iwate. The area has seen significant redevelopment, including seawall construction and land elevation projects. The city is particularly known for the 'Miracle Pine Tree' and the newly opened Takata-Matsubara roadside station, which has become a popular destination.