Property Overview: Land and Building in Utsunomiya, Tochigi
This listing presents a combined land and building asset located in the Fujimigaoka area of Utsunomiya City, Tochigi Prefecture. The property is being offered through a court auction process with a base bid price of 5,643,000 yen. The land parcel is registered as forest land but is categorized for actual use as residential land and a partial public road. The site has a registered area of 396 square meters and is situated within a Low-rise Residential Class I zoning district, with a building-to-land ratio of 50% and a floor area ratio of 80%.
The building on the property is a two-story wooden structure with a tile roof, built in March 1968. The registered floor area consists of 93.69 square meters on the first floor and 33.95 square meters on the second floor, totaling 127.64 square meters. The actual measured floor area is approximately 99.02 square meters on the first floor and 37.26 square meters on the second floor, for a total of about 136.28 square meters. The layout is classified as 'Others,' and the property includes an unregistered ancillary storage building with an actual area of approximately 5.60 square meters.
The land rights are freehold (ownership), and the occupant is listed as the debtor/owner. The property is located approximately 4.3 kilometers northwest of Utsunomiya Station on the JR Utsunomiya Line. The address for the land is 616-108, Fujimigaoka 4-chome, Utsunomiya City, and the building address is 616-108-1. The asset type is listed as land, with a gross yield of 35.5% and a cap rate of 25.8% based on the base bid price. The minimum bid price is set at 4,514,400 yen, and an earnest money deposit of 1,128,600 yen is required. The bid deadline is June 17, 2026, with the sale decision scheduled for July 10, 2026.
