Property Overview in Marugame, Kagawa
This listing presents a land and building portfolio located in the Doki-cho Higashi area of Marugame City, Kagawa Prefecture. The property comprises multiple parcels of land and two residential buildings, currently being offered through a court auction process. The total land area spans across three parcels, including a registered farm area of 204 square meters, a residential land parcel of 872.72 square meters, and an additional farm area of 409 square meters. The site is zoned as Low Residential Class I, with a building-to-land ratio of 50 percent and a floor area ratio of 80 percent.
Two buildings are included in the listing. The first building is a wooden, tile-roofed, one-story residence with a registered floor area of 117.15 square meters. An ancillary storage building of 34.64 square meters and an unregistered restroom of approximately 2 square meters are also present. The second building is a wooden, alloy-plated steel sheet roofed, one-story residence with a registered floor area of 49.68 square meters, constructed in November 2018. Both buildings are currently occupied. The property is located approximately 900 meters south of JR Yosan Line Utazu Station, and about 2.17 kilometers east of Marugame Station. The base bid price is noted, and the gross yield is reported at 9.6 percent, with a cap rate of 7.0 percent. The court case number is 2025(M)66, handled by the Takamatsu District Court.
