Land Auction in Hanamaki, Iwate Prefecture
This property is a plot of land located at 130-1, Shinhori Dai 48 Chiwari, Ishidoriya-cho, Hanamaki City, Iwate Prefecture. The land is designated as a field (畑) and is situated within an urban planning area with no specific use district designation. The plot offers a generous area of 2,316.0 square meters (approximately 700.6 tsubo). The site has a building coverage ratio of 70% and a floor area ratio of 200%.
The land is being sold via court auction. The current benchmark price for the auction is 156,000 JPY. A deposit of 30,000 JPY is required to participate in the bidding, with a minimum purchase price set at 120,000 JPY. The auction is currently open for bids, with the closing date set for May 25, 2026. The opening of bids will occur on May 27, 2026, and the final sale decision date is June 10, 2026.
According to official land price assessments, the land has a published price of 50,000 JPY per square meter, with an estimated road frontage value of 40,000 JPY per square meter. The total assessed land value is approximately 92,640,000 JPY. The site is at an elevation of 81.1 meters. Flood risk is assessed as safe, though landslide risk requires confirmation. The property is located at coordinates 39.4727, 141.1633.
