printout Land: Yaizu, Shizuoka

Asset type
Land
Yield
-
Rank
★★☆☆☆
To the bid due2 days left

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Property URL

Base bid price 1,230,000yen You can bid above 984,000yen
To the bid due 2 days left

Location

Location Yaizu, Shizuoka
Traffic access on report(japanese) JR東海道本線「西焼津」駅 南方 直線距離 約7.5km
Reference(japanese) -

Property data

Type Land(Farm) Property number 10
Registered category Farm Actual category -
Registered area 358m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%
Type Land(Farm) Property number 11
Registered category Farm Actual category -
Registered area 4.80m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%
Type Land(Farm) Property number 12
Registered category Farm Actual category -
Registered area 19m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%
Type Land(Farm) Property number 15
Registered category Farm Actual category -
Registered area 165m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 150%

Numerical data

Cap rate - Area 546㎡
Gross yield - Base bid price 1,230,000yen
Lease demand 13 / 25pt Minimum bid price 984,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 246,000yen

Court data

Case number 2022(O)13 Announced 2024/01/29
Court Shizuoka District Court (Main) Start of viewing 2024/01/29
Sale type Sealed bid auction (3 times) Bid period 2024/05/07 ~ 2024/05/14
Farm land Result 2024/05/21
Sale decision 2024/06/11 Special sale 2024/05/22 ~ 2024/05/23
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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 1230000yen in court auction is the same as buying the asset out of court auction at 1140000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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