![[Assessed 95.9%] Apartment building in Komae, Tokyo — 13 min from Komae Sta.](https://img.rakumachi.jp/c/property/l9zgq0FVi0jErTOgwRkd6g__/117005860_x4y4)
[Assessed 95.9%] Apartment building in Komae, Tokyo — 13 min from Komae Sta.
Property Overview
| Location | Komae, Tokyo |
| Nearest Station | Odakyu Odawara Line Komae Sta. |
| Walk | 13 min walk |
| Assessed Ratio | 95.9%Assessed 95.9% |
| Price | ¥198,000,000 |
| Type | Apartment building |
| Expected Yield | 7.08% |
| Structure | Wooden |
| Built | Built Feb 1992 (34 years old) |
| Land Area | 678.02㎡ |
| Building Area | 591.17㎡ |
Where This Property Is Listed
This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.
| Rakumachi | ¥198,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥189,845,600 |
| Building assessed value | ¥0 |
| Total assessed value | ¥189,845,600 |
| Asking price | ¥198,000,000 |
| Assessed ratio | 95.9% |
Calculation basis
- Land = road price ¥280,000/m² × land area 678.02m²
- Building = replacement cost ¥220,000/m² × floor area 591.17m² × remaining life 0y ÷ statutory life 22y
- Built Feb 1992 (34 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +9.8%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 255,000 | — |
| 2025 | 265,000 | +3.9% |
| 2026 | 280,000 | +5.7% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Rather than reproducing the listing as-is, we used a more conservative road price than the seller advertises and opened all six listing photos to check the approach.
What We Could Not Confirm
- The 591.17 m² of floor area exceeds the designated 80% floor area ratio (about 542 m² on 678.02 m²) by roughly 49 m², so the building is likely legally non-conforming. Combined with height limits, a rebuild could be substantially smaller.
- Fifteen of the sixteen units are occupied, so the building is not fully let.
※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.
Neighborhood ① Shopping Near the Station
Neighborhood ② Dining Near the Station
About This Property
An apartment building in Naka-Izumi, Komae City, a 13-minute walk from Komae Station on the Odakyu Odawara Line. Shinjuku is about 25 minutes away without changing trains, shopping streets spread out around the station, and there is an OK Komae Naka-Izumi store in Naka-Izumi itself. It sits in a settled residential area zoned Category I Low-Rise Exclusive Residential.
The property is two wooden two-storey buildings sold together, with 16 units in total (all over 27 sqm) and 591.17 sqm of total floor area, built in February 1992. The land is 678.02 sqm (about 205 tsubo) held in freehold, fronting a 6.3 m public road to the north-east. Occupancy is high at 15 of the 16 units, with projected annual income of 14.016 million yen and a gross yield of 7.08%.
The inheritance-tax roadside land value for the frontage is 280,000 yen/sqm. The land assesses at roughly 189.85 million yen, or 95.9% of the 198 million yen asking price. The roadside value has risen three years running from 255,000 yen in 2024 (up 9.8% in total). At 34 years old the building has passed its statutory useful life, so land value is the centre of the assessment.
A single-building property on about 205 tsubo of land within Tokyo. Please check the listing page for details.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
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