Prime Land Parcel Near Kadena Air Base in Okinawa City
This 71 m² (21.47 tsubo) plot of land, classified as 'miscellaneous land use', presents a rare investment opportunity in the sought-after area of Ukuta, Okinawa City. The property is strategically located near Kadena Air Base, with the listing emphasizing its proximity to the runway and noting there are no scheduled return plans for the base, indicating stable long-term prospects. The seller is motivated for an early sale, making this a bargain purchase at a multiple of 49.4 times the land rent.
Critical agent notes provide essential financial and transactional details. The land is classified as '宅地見込地' (land projected for residential use). The annual leasehold fee (借地料) is ¥122,504 with an escalation rate of 1.03%. The annual fixed asset tax is ¥11,629. Transaction costs include the ownership transfer registration fees and stamp duty, both to be borne by the buyer. There will be no pro-rated settlement for the leasehold fee or fixed asset tax. The title is under a single name. The brokerage commission is calculated as (Price × 3% + ¥60,000) + consumption tax. A significant note reveals that an adjacent plot of identical size is also available. If both plots are purchased simultaneously, they can be offered for a total of ¥12,000,000, improving the multiple from 49.4 to 49.0.
The area of Ukuta in Okinawa City offers a unique blend of local Okinawan culture and the distinct atmosphere of a community adjacent to a major U.S. military installation. A fascinating historical fact is that Kadena Air Base, one of the largest U.S. Air Force bases in the Pacific, was built on land originally used by the Imperial Japanese Army and later seized by U.S. forces during the Battle of Okinawa in 1945. The closest major landmark is the sprawling Kadena Air Base itself, a central hub for U.S. air power in the region and a significant part of the local landscape and economy.
