Property Overview: Agricultural Land and Residences in Marugame, Kagawa

This property is a court auction listing comprising three land parcels and two buildings located in the Doki-cho Higashi area of Marugame City, Kagawa Prefecture. The total land area across the three parcels is approximately 1,485.72 square meters, consisting of two farm lots (204 square meters and 409 square meters) and one residential land lot (872.72 square meters). All parcels are zoned as Low Residential Class I, with a building-to-land ratio of 50% and a floor area ratio of 80%.

Two buildings are included in the listing. The first building (Property 5) is a one-story wooden structure with a tile roof, registered as a residence with a floor area of 117.15 square meters. It is accompanied by an ancillary storage building of 34.64 square meters and an unregistered restroom of approximately 2 square meters. The second building (Property 6) is a one-story wooden structure with alloy plating and steel sheet roofing, built in November 2018, with a registered floor area of 49.68 square meters. Both buildings are currently occupied, and the land rights are ownership type.

The property is located near JR Utazu Station on the Yosan Line, approximately 900 meters to the south in a straight line, and about 2.17 kilometers east of Marugame Station. The base bid price is 5,060,000 yen, with a minimum bid price of 4,048,000 yen. The gross yield is listed at 13.8%, and the cap rate at 10.0%. The court case is handled by the Takamatsu District Court, with a bid deadline of July 17, 2026.