Prime Residential Land in Morioka, Iwate

This vacant land parcel, located in the Higashi-Shinjo 2-chome district of Morioka City, Iwate Prefecture, presents an excellent opportunity for residential development or other personal uses. The property is a level plot of land with a total area of 132.55 square meters (approximately 40.09 tsubo), offered at a price of 700,000 yen. There are no building conditions attached, providing the new owner with complete freedom for construction.

According to the agent's notes, the land is designated as residential land (宅地) within an urbanization promotion area. The optimal use is for a residential home, but it is also suitable for a variety of other purposes such as a material storage yard or a home vegetable garden. The property is fully serviced with electricity and sewer connections. The land rights are full ownership. Key regulations include a building coverage ratio of 40% and a floor area ratio of 80%. The property fronts a road to the north and has received road position designation. The land is subject to regulations including land readjustment project areas, potential buried cultural property zones, and Article 22 area restrictions. The transfer of the property can be arranged immediately.