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Property information

House: Tottori, Tottori

Asset type
House
Yield
15.6%
Rank
★☆☆☆☆
Bid deadline is 2026/01/20

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Base bid price 4,590,000yen
You can bid above 3,672,000yen

Location

Location Tottori, Tottori
Traffic access on report(japanese) JR山陰本線 福部駅 南西方 約3.4km(道路距離) 山湯山バス停 南西方 約200m(道路距離) 

Property data

Type Land(Farm)
Property number 1
Address 鳥取市福部町湯山字中所 964番
Building number
Registered category Farm
Actual category
Registered area 264m2
Actual area
Zoning Undesignated in urban plan area
Usage
Type Land(Farm)
Property number 2
Address 鳥取市福部町湯山字中所 965番1
Building number
Registered category Farm
Actual category
Registered area 1482m2
Actual area
Zoning Undesignated in urban plan area
Usage
Type Land
Property number 3
Address 鳥取市福部町湯山字中所 965番3
Building number
Registered category Residential land
Actual category
Registered area 854.29m2
Actual area
Zoning Undesignated in urban plan area
Usage
Building to land ratio 70%
Floor area ratio 400%
Type Building
Property number 4
Address 鳥取市福部町湯山字中所965番地3
Building number 965-3
Registered type Shop・Warehouse
Actual
Registered structure steel structuredZinc-coated steel sheet・Flat-roofed2story building
Actual steel structuredZinc-coated steel sheetroofed2story building
Registered floor area 1F 48.51m2,2F 29.40m2
Actual 1F ca.64m2,2F 48.51m2
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1971/08

Numerical data

Base bid price 4,590,000yen Area 112㎡
Cap rate 15.6%
Gross yield 21.5%
Lease demand 9 / 25pt Minimum bid price 3,672,000yen
Ratio of years passed
to depreciable years
216% Earnest money deposit 918,000yen

Court data

Case number 2025(M)6 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 2026/03/05
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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 4590000yen in court auction is the same as buying the asset out of court auction at 4270000yen(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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