Property Overview: Land and Building in Yonago, Tottori
This offering comprises a residential land parcel with a detached house located in the Aoki area of Yonago City, Tottori Prefecture. The property is being sold through a court auction process, with a base bid price of 6,120,000 yen. The total land area combines two adjacent plots, measuring 105.67 square meters and 143.96 square meters respectively, for a combined registered area of 249.63 square meters. The registered category for both land parcels is residential land, and they fall under the Low Residential Class II zoning designation, which allows a building-to-land ratio of 60% and a floor area ratio of 200%.
The building on the property is a one-story wooden structure with a slate roof, built in October 2021, making it a relatively new construction. The registered floor area of the building is 95.23 square meters. The layout is listed as "Others" in the source data. The property includes a single building unit, and the land rights are classified as ownership. The occupant is listed as the debtor and owner.
Access to the property is via the JR San'in Main Line, with Yonago Station located approximately 6.8 kilometers to the southeast by road. A bus stop named Aokibashi is approximately 360 meters to the southeast. The address is 238-1 and 239-1, Aoki Aza Sawada, Yonago City, Tottori. The property is being sold through a sealed bid auction by the Tottori District Court (Yonago branch), with a bid deadline of June 29, 2026. The gross yield is listed at 18.3%, with a cap rate of 13.3%.
