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[Assessed 428.5%] Land in Funabashi, Chiba — 9 min from Funabashi-Keibajo Sta.
Assessed 428.5%LandFunabashi, ChibaFunabashi-Keibajo Sta. 9 min walk

[Assessed 428.5%] Land in Funabashi, Chiba — 9 min from Funabashi-Keibajo Sta.

Published: Aug 8, 2026Updated: Sep 3, 2026

Property Overview

LocationFunabashi, Chiba
Nearest StationKeisei Main Line Funabashi-Keibajo Sta.
Walk9 min walk
Assessed Ratio428.5%Assessed 428.5%
Price¥16,900,000
TypeLand
Land Area295.58㎡

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.

athome¥16,900,000View listing

Assessed Value Breakdown

Land assessed value¥72,417,100
Building assessed value-
Total assessed value¥72,417,100
Asking price¥16,900,000
Assessed ratio428.5%

Calculation basis

  • Land = road price ¥245,000/m² × land area 295.58m²

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +14.0%
YearRoad price (JPY/m²)YoY
2024215,000—
2025230,000+7.0%
2026245,000+6.5%

※ 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 fixed the block on the road price map from coordinates in the listing HTML and enlarged the photos to check the approach. Because the figures here are extraordinary, we also disclose why.

Locating the road price

Matching the property coordinates in the listing HTML against official block coordinates pins the site to Miyamoto 7-chome block 10. We used the ¥245,000/m² on the road bordering that block; even the district's lowest ¥195,000/m² would give a 341% ratio, so the choice of road does not change the conclusion.

View source
On-site check from photos

We enlarged the three site photos sixfold. The plot is unimproved and overgrown, but the paved road in front and the ground sit at roughly the same level with no step at the approach. No retaining wall, stepped approach or slope is visible — consistent with the "flat" terrain field.

Listing check

The asking price is roughly a quarter of the ¥72.4M land value implied by the road price — an extraordinary level. The listing itself markets the plot as "other use" rather than residential land, promoting non-building uses such as a dog run, solar panels and signage. No restriction on rebuilding is stated.

Effective land area

With no private-road burden or setback, and direct frontage on a 5.5 m public road to the north, this is not a flagpole plot. The listed 295.58 m² is used in full; as a registered-area figure, the surveyed area needs checking.

What We Could Not Confirm

  • The listing cannot explain why the price is about a quarter of the road-price valuation. We strongly recommend confirming buildability, encroachments, any tenants or occupants, and the surveyed area with the seller before deciding.
  • A building stands on the site, but with no structure, floor area or build date stated, it is assessed at zero.

※ 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

OK Funabashi-Keibajo Store
4 min walk from the station

At 1-2-30 Wakamatsu, Funabashi City. About 275 m from Funabashi-Keibajo Station, a discount supermarket open 8:30-21:30.

Source
Toho Sendoba Funabashi Store
3 min walk from the station

At 9-5-15 Miyamoto, Funabashi City. About 233 m from the north exit of Funabashi-Keibajo Station, open 8:00-19:00. In the same Miyamoto as the property.

Source

Neighborhood ② Dining Near the Station

Patisserie Anne
6 min walk from the station

About 57 m from the district centre. A patisserie. Location confirmed on OpenStreetMap; distance measured straight-line from the district centroid.

Source
Hidamari
4 min walk from the station

About 246 m from the district centre. A restaurant. Location confirmed on OpenStreetMap; distance measured straight-line from the district centroid.

Source
Pomme
5 min walk from the station

About 353 m from the district centre. A French restaurant. Location confirmed on OpenStreetMap; distance measured straight-line from the district centroid.

Source

About This Property

A plot of land for sale in Miyamoto 7-chome, Funabashi City, a 9-minute walk from Funabashi-Keibajo Station on the Keisei Main Line. JR Funabashi Station is also 18 minutes away, giving access to three stations on three lines. OK Funabashi-Keibajo and Toho Sendoba Funabashi are near the station.

The land is 295.58 sqm (about 89 tsubo) held in freehold, in an urbanisation promotion area zoned Category I Low-Rise Exclusive Residential (50% building coverage, 100% floor area ratio). The terrain is listed as flat and it fronts a 5.5 m public road to the north with no private-road burden. Photographs show the frontage road and the ground at much the same level, with no retaining wall or stepped access. The current state is noted as having a building, and the site carries many tall trees, so clearing and levelling costs will be extra.

The inheritance-tax roadside land value for the frontage is 245,000 yen/sqm. The land assesses at roughly 72.42 million yen, or 428.5% of the 16.90 million yen asking price. The roadside value has risen three years running from 215,000 yen in 2024 (up 14.0% in total).

The assessed value far exceeds the price, but the listing gives no explanation for that gap. Please review the research notes below.

Estimated Financing

Assessed value ¥72,417,100 → estimated loan ¥16,900,000 (100% of the asking price)

※ Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

関西みらい銀行
Regional bankAssessed-value focusedStrong with lands
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。
滋賀銀行
Regional bankAssessed-value focusedStrong with lands
土地から新築OK。 好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 但し、産休中はNG。
信用金庫・信用組合のセゾンファンデックス保証付の不動産担保融資
Shinkin bankAssessed-value focusedStrong with lands
築古でも可。 築年数は問わず、土地の積算さえ出ていれば、20年程度の期間で融資してくれるケースが多い。 但し、立地が良くないと、担保評価が付かず取扱不可となる。 新築や築浅に関しても、建物の価値を適切に判断してくれる為、やりやすい。

※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

Ask About This PropertyWe offer purchase consultation, brokerage and consulting services.Found an error in this listing? Let us know here

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