Property Overview: Land and Building in Yachiyo, Chiba
This property comprises a residential land parcel and a two-story wooden house located in the Yachiyo area of Chiba Prefecture. The land has a registered area of 99.19 square meters and is zoned for semi-commercial use, with a building-to-land ratio of 80% and a floor area ratio of 300%. The building, constructed in January 1971, features a wooden structure with a tile roof and contains a 3LDK layout. The total registered floor area is 90.38 square meters, with 53.12 square meters on the first floor and 37.26 square meters on the second floor.
The property is being sold via a sealed bid court auction by the Chiba District Court. The base bid price is set at 12,560,000 yen, with a minimum acceptable bid of 10,048,000 yen. The gross yield is reported at 12.5%, and the cap rate is 9.1%. An earnest money deposit of 2,512,000 yen is required. The bidding period runs from June 10 to June 17, 2026, with a sale decision expected on July 8, 2026.
Located in Yachiyo, Chiba, the property is approximately 160 meters west of Katsutadai Station on the Keisei Main Line, and about 0.19 kilometers southwest of Toyo-Katsutadai Station on the Toyo Rapid Railway Line. The address is 5-4 Katsutadai 1-chome, Yachiyo City. The property is currently occupied by the debtor/owner. This is a court-ordered foreclosure auction, and prospective buyers should be aware that additional costs, such as eviction and renovation, may apply.
