Property Overview in Shibukawa, Gunma
This property listing presents a court auction opportunity in Shibukawa, Gunma Prefecture. The offering comprises multiple parcels of land and buildings. The base bid price is set at 6,680,000 yen, with a minimum bid threshold of 5,344,000 yen. The gross yield is calculated at 16.4%, and the capitalization rate stands at 11.9%.
The property consists of five distinct components. The first is a parcel of residential land with a registered area of 1,411.24 square meters. The second and third parcels are both categorized as farmland, with registered areas of 446 square meters and 731 square meters, respectively. The fourth component is a building registered as a residence. This structure is a two-story wooden building with a slate roof. Its registered floor area is 80.45 square meters, comprising 50.64 square meters on the first floor and 29.81 square meters on the second floor. The actual measurement of the second floor is approximately 35.27 square meters. This building was constructed in August 1997.
The fifth component is another building registered as a residence. This is a two-story wooden structure with a tile roof and zinc-coated steel sheet roofing. Its registered floor area totals 181.34 square meters, with 146.00 square meters on the first floor and 35.34 square meters on the second floor. This building was constructed in May 1968. The property also includes three ancillary storage buildings. The first is a two-story wooden storage building with a tile roof, having a registered area of 134.40 square meters. The second is a two-story wooden storage building with a cement tile roof, with a registered area of 44.68 square meters. The third is a one-story steel-structured storage building with a zinc-coated steel sheet roof, with a registered area of 106.58 square meters.
The location is Shibukawa, Gunma. Access information, provided in Japanese, indicates the property is approximately 3.7 kilometers southwest of Shikishima Station on the JR Joetsu Line. The zoning for the land is designated as undesignated in the urban plan area. The building-to-land ratio is 70%, and the floor area ratio is 400%. The court handling the case is the Maebashi District Court, with a bid deadline set for September 8, 2026.
