Property Overview: Land and Building in Ohtawara, Tochigi
This property consists of a residential land parcel and a one-story wooden residence located in Ohtawara, Tochigi Prefecture. The land has a registered area of 335.19 square meters and is categorized as residential land within an undesignated urban plan area. The building, constructed in March 2018, features a wooden structure with a tile roof and a registered floor area of 84.46 square meters. The layout is listed as 'Others' and the property is owner-occupied.
The property is being offered through a court auction with a base bid price of 5,669,000 yen. The minimum bid price is set at 4,535,200 yen. The gross yield is calculated at 21.9% with a cap rate of 15.9%. The auction is a sealed bid type, with a bid period from June 25, 2026, to July 2, 2026. The sale decision is scheduled for July 29, 2026, and a special sale period runs from July 10, 2026, to July 14, 2026. The earnest money deposit required is 1,133,800 yen.
The property's address is 2298-1 Minami Kanamaru, Ohtawara City, Tochigi. Access is approximately 9.1 kilometers southeast of JR Utsunomiya Line's Nishinasuno Station. The zoning allows for a building-to-land ratio of 60% and a floor area ratio of 200%.
