Expansive Vacant Land in Iwaki City, Fukushima Prefecture

This is a vacant land property located in the Kamae-mae area of Joban Kamiyuhangacho, Iwaki City, Fukushima Prefecture. The land is offered for sale at a price of 60,000,000 yen and has a registered land area of 3,982.77 square meters, which is equivalent to approximately 1,204.78 tsubo. The land is currently in a cleared state, ready for development. The site benefits from access to public utility infrastructure, including city water, a main sewer system, and city gas. The building coverage ratio is 50%, and the floor area ratio is 80%. The property is zoned for residential use, falling under Category 1 Low-Rise Residential and Neighborhood Commercial districts. There are several building restrictions applicable to the site, including designation as a quasi-fire prevention area, maximum height limits, minimum site area requirements, sunlight shadow regulations, a step difference with the adjacent road, a setback requirement, and application of Building Standard Law Article 22, road diagonal line restrictions, and north-side diagonal line restrictions. The land has road frontage on the north side, with an 11.3-meter-wide road (with an actual abutment width of 5.6 meters), and on the east side, a 4.5-meter-wide road (with an actual abutment width of 28 meters). There is no private road burden. The property is located a 5-minute walk from the 'Kama-no-mae' bus stop, which is a 12-minute bus ride from JR Joban Line's 'Yumoto' Station. It is also a 7-minute walk from the Maruto Kama-no-mae supermarket and a 6-minute walk from a 7-Eleven convenience store. The property is being handled by Sekisui House Real Estate Co., Ltd., Iwaki Office.