Property Overview: Leasehold Land in Adachi Ward, Tokyo
This offering is for a leasehold land parcel located in the梅島3丁目 (Umejima 3-chome) area of Adachi Ward, Tokyo. The site has a measured land area of 272.40 square meters, which equates to approximately 82.40 tsubo. The property is situated within a quasi-industrial zoning district, with a building coverage ratio of 60% and a floor area ratio of 200%. The land has a sloped topography.
The property currently includes an existing old house, constructed in June 1974 (Showa 49). This structure is a two-story wooden building with a tiled and galvanized steel sheet roof, featuring a flat roof design. Its floor area is 48.02 square meters on the first floor and 23.18 square meters on the second floor. In addition to this main building, there is an unregistered structure on the northwestern roadside portion of the land: a two-story wooden apartment building containing six residential units. The property also includes a parking lot with two spaces, one of which is currently being rented out.
The land is subject to a leasehold rights agreement under the old law. The current lease term has a remaining period of 1 year and 10 months, with an expiration date of March 2028. The current monthly land rent is 67,200 yen, calculated at a rate of 840 yen per tsubo per month. However, should a new lease agreement be executed, the rent will be revised to 1,000 yen per tsubo per month for residential use, or 1,260 yen per tsubo per month for investment use. Any buildings permitted for construction by the landowner are limited to non-permanent structures.
The property benefits from road access on two sides. To the south, it fronts a public road with a width of 3.2 meters, with a road frontage of 13.5 meters. Note that there is a separate area of 9.11 square meters designated for road setback. To the northwest, the property also faces a public road with a width of 2.8 meters. The property is not on a corner lot. There is no designated building condition for reconstruction. Additionally, the area is subject to a landscape planning zone and a sunlight/shadow regulation (4h-2.5h/4m). The property is located about a 6-minute walk from Umejima Station on the Tobu Isesaki-Daishi Line and a 9-minute walk from Nishiarai Station on the same line.