Agricultural Land Parcel in Toyohashi, Aichi
This property is a land parcel located at 138 Chaya, Ishimaki Honcho, Toyohashi City, Aichi Prefecture. The land consists of two plots of farmland (dry fields) and is currently occupied by co-owners. The property is being sold via court auction.
Agent notes and special conditions highlight several critical factors for potential buyers. A certificate of eligibility to purchase from the Agricultural Committee is required to participate in the bidding, which limits the pool of eligible bidders. The land is located within an Urbanization Control Area and an Agricultural Promotion Area, making conversion from agricultural use extremely difficult. Furthermore, the boundaries with adjacent plots are unclear, which may necessitate a survey at additional cost. As the co-owners are in occupation, procedures for a handover order may be required.
The legal framework involves the Agricultural Land Law, the City Planning Act (for the Urbanization Control Area), and the Agricultural Promotion Area Law. The auction has a base price of 400,000 JPY, with a minimum purchase price of 320,000 JPY and a required deposit of 80,000 JPY. The bidding deadline is May 20, 2026, with the opening date set for May 27, 2026, and the final sale decision date on July 8, 2026.
The registered land area is 202.00 square meters. The site is zoned for dry field use with a building coverage ratio of 60% and a floor area ratio of 200%. The property is situated at an elevation of 7.7 meters with a medium flood risk and low landslide risk. The estimated market land value is approximately 47,520,000 JPY.
