Property Overview
This property is located in Utsunomiya, Tochigi Prefecture, and is being offered through a court auction. The listing includes two parcels: one land parcel and one building. The land is registered as forest but is actually zoned as Category I low-rise residential land with a portion serving as a public road. It has a building-to-land ratio of 50% and a floor area ratio of 80%. The total registered land area is 396 square meters.
The building is a two-story wooden structure with a zinc-coated steel sheet roof (registered) and a tile roof (actual). It was built in March 1968. The registered floor area is 93.69 square meters on the first floor and 33.95 square meters on the second floor, totaling approximately 127.64 square meters. The actual measured floor area is approximately 99.02 square meters on the first floor and 37.26 square meters on the second floor, totaling about 136.28 square meters. The layout is listed as "Others." There is also an unregistered ancillary storage building with an actual area of approximately 5.60 square meters.
The property is currently occupied by the debtor/owner. It is accessible via JR Utsunomiya Line from Utsunomiya Station, located approximately 4.3 kilometers to the northwest by road. The base bid price is 5,643,000 yen, with a minimum bid price of 4,514,400 yen. The property has a gross yield of 35.5% and a cap rate of 25.8%. The bid deadline is June 17, 2026.
