Property Overview: Land and Buildings in Kumagaya, Saitama
This offering consists of multiple land parcels and two residential buildings located in Kumagaya City, Saitama Prefecture. The property is being sold through a court auction with a base bid price of 849,000 yen. The minimum allowable bid is 679,200 yen, and the bid deadline is June 17, 2026.
The land is comprised of six separate parcels, all zoned as residential land within a preserved zoning district. The total registered area for the land parcels is approximately 233.75 square meters. The building-to-land ratio is 60%, and the floor area ratio is 200%.
Two single-story wooden residential buildings are included in the sale. The first building has a registered floor area of 51.34 square meters and was built in February 1971. The second building has a registered floor area of 49.10 square meters and was also built in February 1971. Both structures have cement tile roofs. The layout for each building is listed as "Others." The debtor-owner currently occupies the properties.
The property is located in the Kakinuma area of Kumagaya. The JR Takasaki Line's Kumagaya Station is approximately 4,600 meters to the north by road. The gross yield is listed at 76.7%, and the cap rate is 55.8%.
