Property Overview: Land and Building in Gyoda, Saitama
This property is a sealed bid auction listing located in Gyoda City, Saitama Prefecture. The base bid price is set at 671,000 yen, with a minimum bid price of 536,800 yen. The asset includes two parcels of residential land and a wooden two-story building. The first land parcel has a registered area of 199.21 square meters, while the second is 4.31 square meters. The building, constructed in May 1992, features a wooden structure with a cement tile roof and comprises a total floor area of 99.36 square meters, with the first floor at 52.99 square meters and the second floor at 46.37 square meters. The layout is classified as "Others." The property's zoning is designated as preserved, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is under ownership rights, and the current occupant is the debtor and owner. The property is located approximately 3,600 meters northwest of Gyoda Station on the Chichibu Railway Line. The gross yield is calculated at 96% or more, and the cap rate is 70% or more. The court case number is 2025(M)99, handled by the Saitama District Court (Kumagaya), with a bid deadline of June 17, 2026.
