Farm Land Auction Property in Shibukawa, Gunma
This listing presents a parcel of farm land located in Shibukawa, Gunma Prefecture, available through a court auction process. The property is situated in the Ikaho area of Shibukawa City, a region known for its hot springs and scenic highlands. The land is registered as a farm and currently sits as a vacant lot. It is zoned for Residential Class I use, with a building-to-land ratio of 60% and a floor area ratio of 200%. The registered land area is 396 square meters. The auction is a sealed bid type, with a base bid price set at 1,240,000 yen. The minimum acceptable bid is 992,000 yen, and an earnest money deposit of 248,000 yen is required. The bid deadline is October 13, 2026, with the sale decision scheduled for November 10, 2026. Access information from the Japanese report indicates the property is located approximately 9,000 meters west of JR Joetsu Line's Shibukawa Station by road.
