Investment Opportunity in Ginowan Village, Okinawa: A Land Parcel with U.S. Military Lease Income
This listing presents a substantial land investment opportunity in the Sokei area of Ginowan Village, Okinawa Prefecture. The property is a sizable plot of land, approximately 1,398 square meters (about 422.9 tsubo), offered for sale with no construction conditions attached. The land is designated as "miscellaneous land" and is situated outside of urban planning zones, offering flexibility for potential future use, subject to local regulations and a 70% building coverage ratio.
Critically, this is a U.S. military-leased land parcel (軍用地). The agent's special notes provide essential financial details: the property generates an annual income of 371,203 yen from lease fees. The price-to-annual-income multiple is noted as 38.98 times. The listing is explicitly targeted at investors interested in purchasing military-leased land. The property is located near a U.S. military exercise field (米軍演習場). For a detailed explanation, the agent directs potential buyers to Daikento Leasing Co., Ltd., which specializes in land, buildings, and income-producing investment properties nationwide. The contact for real estate sales is Nakazato, reachable at 080-5381-9630.
The area of Ginowan Village on Okinawa's main island offers a mix of coastal and rural landscapes. An interesting historical fact about the region is that it was a significant site during the Battle of Okinawa in World War II and has since transformed, with parts of the village hosting U.S. military facilities. The closest major tourist attraction is the iconic Okinawa Churaumi Aquarium, one of the largest aquariums in the world, located approximately an hour's drive north in Motobu Town. This world-class facility draws millions of visitors annually to see its massive Kuroshio Sea tank and whale sharks.
