Property Overview: Land and Building in Utsunomiya, Tochigi
This property is a combined land and building asset located in the Nakazato-cho area of Utsunomiya City, Tochigi Prefecture. The land is classified as residential land with a registered area of 220.99 square meters. It is zoned for High Residential Class I, with a building-to-land ratio of 50% and a floor area ratio of 100%.
The building is a two-story structure constructed in November 2022, using a light steel frame with a stainless steel sheet roof. The registered total floor area is 115.06 square meters, comprising 59.92 square meters on the first floor and 55.14 square meters on the second floor. The layout is categorized as "Others." The property is owner-occupied, and the land rights are freehold (ownership).
The property is being offered through a court auction by the Utsunomiya District Court. The base bid price is 28,683,000 yen, with a minimum bid price of 22,946,400 yen. The gross yield is listed at 5.9%, and the cap rate is 4.3%. The earnest money deposit required is 5,736,600 yen. The bid deadline is June 17, 2026, with a sale decision scheduled for July 10, 2026.
The location is in Utsunomiya, the capital city of Tochigi Prefecture. The property is situated in a residential area. Access information, provided in Japanese, indicates that the nearest train station is JR Utsunomiya Line's "Ujiie" Station, located approximately 5.3 kilometers to the west in a straight line.
