Farm Land Auction in Shibukawa, Gunma
This is a farmland property located in Shibukawa City, Gunma Prefecture, being offered through a court auction. The property is situated in the Ikaho area, a region known for its hot springs. The land is currently a vacant lot classified as 'Other land' under the actual category, with a registered area of 396 square meters. The zoning designation is Residential Class I, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property is part of a sealed bid auction managed by the Maebashi District Court, with a base bid price of 1,240,000 yen. The minimum bid price is set at 992,000 yen, and an earnest money deposit of 248,000 yen is required. The bid deadline is October 13, 2026. The property's address is 360-9, Ko-No-Sotono, Ikaho-machi Ikaho, Shibukawa City, Gunma. Access is approximately 9,000 meters west of Shibukawa Station on the JR Joetsu Line. The property is being sold as a farm land type, and prospective buyers should be aware that court auction purchases involve additional costs and procedures.
