![[Assessed 97.5%] Apartment building in Nerima, Tokyo — 6 min from Tobu-Nerima Sta.](https://img.rakumachi.jp/c/property/rkljt9PVmM5d7sp0lypuSA__/117236408_x4y4)
[Assessed 97.5%] Apartment building in Nerima, Tokyo — 6 min from Tobu-Nerima Sta.
Property Overview
| Location | Nerima, Tokyo |
| Nearest Station | Tobu Tojo Line Tobu-Nerima Sta. |
| Walk | 6 min walk |
| Assessed Ratio | 97.5%Assessed 97.5% |
| Price | ¥106,000,000 |
| Type | Apartment building |
| Expected Yield | 5.02% |
| Structure | Wooden |
| Built | Built May 1988 (38 years old) |
| Land Area | 224.57㎡ |
| Building Area | 196.16㎡ |
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 | ¥106,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥103,302,200 |
| Building assessed value | ¥0 |
| Total assessed value | ¥103,302,200 |
| Asking price | ¥106,000,000 |
| Assessed ratio | 97.5% |
Calculation basis
- Land = road price ¥460,000/m² × land area 224.57m²
- Building = replacement cost ¥220,000/m² × floor area 196.16m² × remaining life 0y ÷ statutory life 22y
- Built May 1988 (38 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +15.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 400,000 | — |
| 2025 | 420,000 | +5.0% |
| 2026 | 460,000 | +9.5% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
About This Property
A whole-building apartment in Kitamachi 2-chome, Nerima-ku, Tokyo, a 6-minute walk from Tobu-Nerima Station on the Tobu Tojo Line. Ikebukuro is about 15 minutes away, and convenience stores and restaurants cluster around the station within a three-minute walk of the district centre.
Built in May 1988, the wood-frame two-storey building has six units, all 2DK. The land is 224.57 sqm and the total floor area is 196.16 sqm. The land is freehold, the land category is residential, and zoning is quasi-industrial with a 60% building coverage ratio and 200% floor area ratio. It is currently tenanted, with projected annual income of 5,320,000 yen and a gross yield of 5.02%.
Against the 106,000,000 yen asking price, the land assessed value at the inheritance-tax road price of 460,000 yen/sqm comes to 103.30 million yen — an assessed ratio of 97.5%. The building is 38 years old, beyond the 22-year statutory life for wood construction, so its assessed value is zero. The road price has risen 15.0% over three years from 400,000 yen in 2024.
Exterior photographs show the frontage road and the site at the same level, with no retaining wall or stepped access. Note, however, that the listing gives no road-frontage details — please see the research notes.
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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