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Property information

House: Tottori, Tottori

Asset type
House
Yield
18.0%
Rank
★★☆☆☆
Bid deadline is 2026/01/20

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Base bid price 7,220,000yen
You can bid above 5,776,000yen

Location

Location Tottori, Tottori
Traffic access on report(japanese) JR山陰本線 末恒駅 南西方 約1.7km(道路距離) 団地南バス停 北方 約0.5km(道路距離) 

Property data

Type Land
Property number 1
Address 鳥取市美萩野五丁目 494番76
Building number
Registered category Residential land
Actual category
Registered area 102.34m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 80%
Type Land
Property number 2
Address 鳥取市美萩野五丁目 1009番21
Building number
Registered category Residential land
Actual category
Registered area 96.42m2
Actual area
Zoning Low residential Class I
Usage
Building to land ratio 50%
Floor area ratio 80%
Type Building
Property number 3
Address 鳥取市美萩野五丁目1009番地21、494番地76
Building number 1009-21
Registered type Residence
Actual
Registered structure WoodenSlate-roofedroofed2story building
Actual
Registered floor area 1F 78.66m2,2F 62.93m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 2002/02

Numerical data

Base bid price 7,220,000yen Area 141㎡
Cap rate 18.0%
Gross yield 24.8%
Lease demand 11 / 25pt Minimum bid price 5,776,000yen
Ratio of years passed
to depreciable years
104% Earnest money deposit 1,444,000yen

Court data

Case number 2025(M)14 Result 2026/01/22
Court Tottori District Court(Main) Start of viewing 2025/12/23
Sale type Sealed bid auction (1 times) Bid period 2026/01/13 ~ 2026/01/20
Sale decision 2026/02/12
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Analysis data

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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 7220000yen in court auction is the same as buying the asset out of court auction at 6720000yen(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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