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Property information

House: Ojiya, Niigata

Asset type
House
Yield
22.2%
Rank
★★☆☆☆
Bid deadline is 2026/02/09

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Base bid price 13,760,000yen
You can bid above 11,008,000yen

Location

Location Ojiya, Niigata
Traffic access on report(japanese) JR上越線「小千谷」駅 ほぼ西方 道路距離 約2.6km バス停「西高校入口」 ほぼ西方 道路距離 約220m 

Property data

Type Land
Property number 1
Address 小千谷市城内四丁目 4828番
Building number
Registered category Residential land
Actual category
Registered area 434.94m2
Actual area
Zoning Semi-residential
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 2
Address 小千谷市城内四丁目 4829番
Building number
Registered category Residential land
Actual category
Registered area 307.74m2
Actual area
Zoning Semi-residential
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 3
Address 小千谷市城内四丁目 4830番
Building number
Registered category Residential land
Actual category
Registered area 224.73m2
Actual area
Zoning Semi-residential
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 4
Address 小千谷市城内四丁目4829番地、4830番地
Building number 4829-
Registered type Residence・Factory
Actual
Registered structure steel structuredZinc-coated steel sheetroofed2story building
Actual
Registered floor area 1F 169.16m2,2F 173.85m2
Actual
Layout 5DK+Factory
Land right Ownership
Occupant debtor・owner
Year/month built 1987/11

Numerical data

Base bid price 13,760,000yen Area 343㎡
Cap rate 22.2%
Gross yield 30.5%
Lease demand 4 / 25pt Minimum bid price 11,008,000yen
Ratio of years passed
to depreciable years
152% Earnest money deposit 2,752,000yen

Court data

Case number 2025(M)39 Result 2026/02/12
Court Niigata District Court(Nagaoka) Start of viewing 2025/12/25
Sale type Sealed bid auction (1 times) Bid period 2026/02/02 ~ 2026/02/09
Sale decision 2026/03/04 Special sale 2026/02/16 ~ 2026/02/18
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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 13760000yen in court auction is the same as buying the asset out of court auction at 12800000yen(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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