Property Overview: Land and Building in Matsubushi, Saitama
This property is a court auction listing located in Matsubushi, Saitama Prefecture. The offering consists of four parcels of residential land and one existing building. The total land area across the four parcels is approximately 1,109.46 square meters, with individual registered areas of 19.00 m², 274.50 m², 316.08 m², and 499.88 m². All land parcels are zoned as preserved residential land with a building-to-land ratio of 60% and a floor area ratio of 200%.
The building is a two-story structure with a light steel frame and a tile roof. The total registered floor area is 222.20 m², comprising 128.55 m² on the first floor and 93.65 m² on the second floor. The building was constructed in March 1999 and is registered as a residence. The layout is classified as 'Others.' The property includes ownership rights to the land.
The base bid price is set at 10,560,000 yen, with a minimum bid price of 8,448,000 yen. The property has a gross yield of 30.5% and a cap rate of 22.2%. The earnest money deposit required is 2,112,000 yen. The court case number is 2024 (M) 138, and the sale is being handled by the Saitama District Court (Koshigaya). The bid period runs from June 17, 2026, to June 24, 2026, with the sale decision scheduled for July 15, 2026. A special sale period is also available from July 6 to July 10, 2026. Viewing of the property starts on June 2, 2026.
The property is located in Matsubushi, Saitama, approximately 6.3 km northeast of Kita-Koshigaya Station on the Tobu Isesaki Line. The address is 1536-4, 1537-1, 1537-4, 1538-2, and 1537-1 (building) in the Daicho Tajima, Matsubushi-machi, Kitakatsushika District, Saitama. The property is being sold as a sealed bid auction, and the current occupant is listed as the debtor/owner.
