Property Overview in Kamisato, Saitama
This property is a land and building package located in Kamisato, Saitama Prefecture. The land parcel is classified as residential land and has a registered area of 324.76 square meters. It is zoned for Class 1 residential use, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property also includes an additional parcel of other land, 134 square meters in size, designated as a public road, with the ownership being a one-third share.
The building on the property is a one-story structure with a steel frame and block construction. It has a flat roof covered with zinc-coated steel sheets. The registered floor area is 86.63 square meters. The building serves as a residence and a garage. The layout is noted as "others," and the year of construction is February 1973. The land right is ownership, and the current occupant is the debtor and owner.
The base bid price for this auction property is 3,440,000 yen, with a minimum bid price of 2,752,000 yen. The property is being sold through a sealed bid auction by the Saitama District Court (Kumagaya branch). The bid deadline is June 17, 2026. A 688,000 yen earnest money deposit is required. The property has a reported gross yield of 27.5% and a cap rate of 20.0%.
