Property Overview: Residential Land in Misato, Saitama
This offering is for a parcel of residential land located in the Hikawado area of Misato City, Saitama Prefecture. The property is being sold through a court auction with a base bid price of 3,820,000 yen. The land comprises two registered parcels: the primary residential plot measuring 87.48 square meters and a smaller section of public road measuring 10 square meters. The site is zoned as Residential Class I, with a building-to-land ratio of 60% and a floor area ratio of 200%, allowing for the construction of a new home or investment property.
In addition to the land, the auction includes an existing two-story wooden structure built in June 1972. The building features a tile and zinc-coated steel sheet roof and has a registered total floor area of 56.29 square meters, with the first floor at 33.11 square meters and the second at 23.18 square meters. Actual measurements indicate the first floor is approximately 51.11 square meters, while the second floor remains at 23.18 square meters. The layout is listed as 'Others,' and the property is currently occupied by the debtor or owner. The land rights are ownership (freehold).
The location is in the Hikawado 1-chome district of Misato City. Access to public transportation is via the JR Musashino Line, with Shin-Misato Station approximately 2.8 kilometers to the southwest by road, and Yoshikawa-Minami Station about 2.58 kilometers to the south. A bus stop named 'Hikawado Kouminkan' is roughly 250 meters south of the property. This is a sealed-bid auction opportunity with a bid period running from June 17, 2026, to June 24, 2026, and a sale decision date of July 15, 2026. Prospective buyers should note that the property is sold as-is and due diligence is recommended.
