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Property information

House: Yonago, Tottori

Asset type
House
Yield
10.0%
Rank
★★★☆☆
Bid deadline is 2026/01/26

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Base bid price 9,610,000yen
You can bid above 7,688,000yen

Location

Location Yonago, Tottori
Traffic access on report(japanese) JR境線 弓ヶ浜駅 北方 約1800m(道路距離) 弓ヶ浜バス停 北西方 約450m(道路距離) 
Reference(japanese) JR境線 和田浜駅 東方 2.34km

Property data

Type Land
Property number 1
Address 米子市富益町字新開四 46番6
Building number
Registered category Residential land
Actual category
Registered area 224.32m2
Actual area
Zoning Industrial
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 2
Address 米子市富益町字新開四 46番地6
Building number 46-6
Registered type Residence
Actual
Registered structure WoodenSlate roofed2story building
Actual
Registered floor area 1F 57.13m2,2F 54.65m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 2021/04

Numerical data

Base bid price 9,610,000yen Area 111㎡
Cap rate 10.0%
Gross yield 13.8%
Lease demand 14 / 25pt Minimum bid price 7,688,000yen
Ratio of years passed
to depreciable years
18% Earnest money deposit 1,922,000yen

Court data

Case number 2025(M)10 Result 2026/01/28
Court Tottori District Court(Yonago) Start of viewing 2025/12/22
Sale type Sealed bid auction (1 times) Bid period 2026/01/19 ~ 2026/01/26
Sale decision 2026/02/17
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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 9610000yen in court auction is the same as buying the asset out of court auction at 8940000yen(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」.

Bid simulation

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