Property Overview: Land and Building in Hanamigawa, Chiba
This offering comprises a set of four land parcels and one building located in the Hanamigawa area of Chiba City, Chiba Prefecture. The property is being sold through a court auction process. The total land area across the four parcels is 401.27 square meters, with three parcels designated as public road and one as residential land. The building is a two-story, wood-frame structure with a tile roof, constructed in February 2007. It has a total floor area of 208 square meters, consisting of 116 square meters on the first floor and 92 square meters on the second floor. The interior layout includes 7 bedrooms, a living-dining-kitchen area, a study, and storage space. The property is owner-occupied. The base bid price is set at 15,400,000 yen, with a minimum bid of 12,320,000 yen. The gross yield is calculated at 24.8 percent, and the capitalization rate is 18.0 percent. The court case number is 2025(O)208, with a bid period from June 10 to June 17, 2026. The sale decision is scheduled for July 8, 2026.
