Property Overview in Tomioka, Gunma
This property listing presents a land and building share sale opportunity located in Tomioka, Gunma Prefecture. The asset consists of a residential land parcel and a two-story wooden residence with a tile roof, constructed in September 1973. The registered land area is 394.59 square meters, with a share portion of one-quarter. The building comprises a first floor of 102.27 square meters and a second floor of 45.54 square meters, totaling 147.81 square meters of registered floor area. The layout is classified as "Others" in the listing. The property is situated in a Residential Class I zoning district, with a building-to-land ratio of 60 percent and a floor area ratio of 200 percent. The land rights are ownership with other conditions noted, and there is currently an occupant. The base bid price is set at 500,000 yen, with a minimum bid price of 400,000 yen. The earnest money deposit required is 100,000 yen. This property is being offered through a court auction process managed by the Maebashi District Court (Takasaki branch), with a bid deadline of June 30, 2026. The case number is 2025(O)21, and the sale type is a sealed bid auction. The gross yield is listed at 84.6 percent, and the cap rate is 61.5 percent, based on the base bid price. The location is in Tomioka City, Gunma, with access to the Joshu-Tomioka Station on the Joshin Electric Railway Line, approximately 0.55 kilometers to the east, and the Higashi-Tomioka Station about 650 meters to the northwest, as per the Japanese traffic report.
