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Property information

Land: Gozen, Niigata

Asset type
Land
Yield
Rank
★★☆☆☆
Bid deadline is 2025/11/04

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Base bid price 8,510,000yen
You can bid above 6,808,000yen

Location

Location Gozen, Niigata
Traffic access on report(japanese) JR磐越西線「北五泉」駅 南西方 約900m(道路距離) 
Reference(japanese) JR磐越西線 五泉駅 北西方 1.39km

Property data

Type Land
Property number 1
Address 五泉市泉町二丁目 157番1
Building number
Registered category Residential land
Actual category
Registered area 550.38m2
Actual area
Zoning Residential Class I
Usage vacant lot
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 2
Address 五泉市泉町二丁目 158番1
Building number
Registered category Residential land
Actual category
Registered area 552.09m2
Actual area
Zoning Residential Class I
Usage vacant lot
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 3
Address 五泉市泉町二丁目 162番1
Building number
Registered category Residential land
Actual category
Registered area 255.73m2
Actual area
Zoning Residential Class I
Usage vacant lot
Building to land ratio 60%
Floor area ratio 200%

Numerical data

Base bid price 8,510,000yen Area 1,358㎡
Lease demand 12 / 25pt Minimum bid price 6,808,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 1,702,000yen

Court data

Case number 2024(M)108 Result 2025/11/10
Court Niigata District Court(Main) Start of viewing 2025/09/29
Sale type Sealed bid auction (2 times) Bid period 2025/10/27 ~ 2025/11/04
Sale decision 2025/11/21 Special sale 2025/11/12 ~ 2025/11/14
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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 8510000yen in court auction is the same as buying the asset out of court auction at 7920000yen(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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