Land for Sale in Taito Ward, Tokyo: A Prime Development Opportunity
This land parcel, located in the vibrant Taito Ward of Tokyo, presents a significant development opportunity with a total area of 126.97 square meters (approximately 38.40 tsubo). The property is listed for sale at a price of 73.8 million yen. According to the detailed agent notes, the land is situated on a single-sided road to the west, with a public road width of 6 meters and a frontage of 4.5 meters. It is important to note that the land does not have a designated position (位置指定無). The terrain is flat. While there is currently an old house on the property that is under lease, the seller confirms that the land will be delivered vacant upon transfer, which is scheduled for early March 2026.
The property is designated as residential land within an urbanization promotion area and falls under the neighborhood commercial zone, allowing for a building coverage ratio of 80% and a floor area ratio of 360%. This high ratio offers excellent potential for constructing a multi-story residential or mixed-use building. The land rights are full ownership, and no notification under the National Land Use Planning Act is required. There are no specific building conditions attached to the sale, making it a clean slate for the new owner's vision.
The area of Taito Ward is rich in history and culture, being home to some of Tokyo's most famous landmarks. An interesting fact is that the ward contains the ancient Senso-ji Temple, Tokyo's oldest temple, founded in 628 AD. The property is conveniently located within walking distance of several major train stations, including Minami-Senju Station, providing access to multiple lines. The closest major tourist attraction is the iconic Tokyo Skytree, one of the tallest structures in the world, offering breathtaking panoramic views of the metropolis from its observation decks.