Located in Takata-cho, Rikuzentakata City, Iwate Prefecture, this property presents an excellent land development opportunity. The 768-square-meter plot is situated in a Neighborhood Commercial Zone and is currently vacant, ready for development. The property is part of an ongoing land readjustment project and is designated as a temporary replotting area, specifically identified as KB44 Block, Plot 3.

The area enjoys relatively mild weather throughout the year due to its geographical location and oceanic influence. Following the Great East Japan Earthquake, the city has undergone significant reconstruction, including seawall construction and land elevation projects. The nearby Miracle Pine Tree and the newly opened Takata-Matsubara Road Station have become local landmarks, bringing new vitality to the area.

The property offers favorable development conditions with a building coverage ratio of 80% and a floor area ratio of 200%. Its location near the Rikuzentakata Station (BRT) on the JR Ofunato Line provides convenient transportation access.