Property Overview: Residential Land and Building in Satte, Saitama
This property consists of a residential land plot and a one-story wooden house located in Satte, Saitama. The land has a registered area of 300.17 square meters and is zoned as preserved land with a building-to-land ratio of 60% and a floor area ratio of 100%. The building, constructed in March 2021, has a wooden structure with a slate roof and a registered floor area of 92.16 square meters. The layout is classified as 'Others.' The property is being offered through a court auction with a base bid price of 10,430,000 yen. The minimum acceptable bid is 8,344,000 yen. The property is situated approximately 4,800 meters east of Tobu-Dobutsu-Koen Station on the Tobu Skytree Line. The property is currently occupied by the debtor/owner. The auction is a sealed bid process with a bid period from June 10, 2026, to June 17, 2026. The sale decision is scheduled for July 8, 2026. The property has a gross yield of 10.5% and a cap rate of 7.6%.
