[Assessed 149%] Land in Okegawa, Saitama — 13 min from Okegawa Sta.

A plot with an old house in 2-chome Higashi, Okegawa, Saitama, a 13-minute walk from Okegawa Station on the JR Takasaki Line. Kita-Ageo Station is also usable at 20 minutes on foot. A Japanese restaurant is 187 m from the centre of the district and a convenience store 258 m.

The land is 99.30 sqm (30.03 tsubo), the category is residential and the title is freehold. It sits in the urbanisation promotion area, zoned Category I residential with a 60% building coverage ratio and 160% floor area ratio. The plot drawing shows a near-rectangular shape roughly 8.5 m along the top, 10.1 m along the bottom, 10.9 m on the left and 10.4 m on the right, fronting a private road about 4 m wide on the north side. An old house stands on the plot and the handover date is negotiable.

The inheritance-tax road price on the frontage is 93,000 yen/sqm. The land assessed value comes to 9.23 million yen, an assessed ratio of 149.0% against the 6.2 million yen asking price. The listing gives no construction date, structure or floor area for the old house, so the building is assessed at zero. The road price has moved 90,000 yen in 2024, 91,000 yen in 2025 and 93,000 yen in 2026, a rise of 3.3% over three years.

This is the highest assessed ratio among the properties on this site. Demolition costs for the old house are not included in the assessment, so please also read the research notes.