[Assessed 125.1%] Land in Setagaya, Tokyo — 19 min from Yoga Sta.
Property Overview
| Location | Setagaya, Tokyo |
| Nearest Station | Tokyu Den-en-toshi Line Yoga Sta. |
| Walk | 19 min walk |
| Assessed Ratio | 125.1%Assessed 125.1% |
| Price | ¥29,800,000 |
| Type | Land |
| Land Area | 62.12㎡ |
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 | ¥29,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥37,272,000 |
| Building assessed value | - |
| Total assessed value | ¥37,272,000 |
| Asking price | ¥29,800,000 |
| Assessed ratio | 125.1% |
Calculation basis
- Land = road price ¥600,000/m² × land area 62.12m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +13.2%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 530,000 | — |
| 2025 | 560,000 | +5.7% |
| 2026 | 600,000 | +7.1% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
A plot below the minimum lot size. We set out what that means for the property, and separately what the absence of photographs left unverified.
What We Could Not Confirm
- The plot falls below the 80 sqm minimum lot size. Whether it qualifies for the exemption granted to pre-existing lots determines whether it can be rebuilt on, so confirmation with the local authority is needed.
- With no site photographs, we could not check for a retaining wall, a difference in level between site and road, or stepped access. The surrounding ground rises gently to the north-east, but nothing can be said about the plot itself.
- The southern frontage is 3.9 metres, below the 4-metre threshold, yet the listing notes no setback. If one applies, the usable area shrinks.
- The plot straddles two zoning categories with two sets of coverage and floor area ratios listed. Which applies to which part needs confirming.
- The listing data carries no coordinates, so we took the most common road price among the district's residential streets. A street number would improve the precision.
※ 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
A plot of land in Nakamachi 5-chome, Setagaya Ward, Tokyo, a 19-minute walk from Yoga Station on the Tokyu Den-en-toshi Line. A grocery supermarket sits about 53 metres from the station and a convenience store about 163 metres.
The plot measures 62.12 sqm, is vacant and available for immediate handover. Tenure is freehold and the land is registered as residential, with a 50 percent building coverage ratio and a 100 percent floor area ratio. It fronts two roads: 4.1 metres onto a 4-metre public road to the north and 3.7 metres onto a 3.9-metre public road to the south. There is no builder tie-in.
Applying the fiscal 2026 inheritance-tax road price of 600,000 yen per sqm to the 62.12 sqm plot gives a land value of 37.27 million yen. As a land-only sale there is no building value. Against the 29.8 million yen asking price the assessed ratio is 125.1 percent. The road price has risen 13.2 percent over three years, from 530,000 to 600,000 yen. The leasehold ratio symbol is C, or 70 percent.
The statutory restrictions on this listing include a minimum lot size of 80 sqm, and the plot's 62.12 sqm falls below it. Whether it qualifies for the exemption granted to lots predating the ordinance determines whether it can be rebuilt on, so this needs confirming with the local authority. The listing carries no mention of a rebuilding prohibition and is marketed as residential land with no builder tie-in.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
More in This Area
[Assessed 104%] Apartment building in Nakano, Tokyo — 7 min from Nogata Sta.
![[Assessed 161%] Detached house in Itabashi, Tokyo — 13 min from Tobu-nerima Sta.](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F442%2F21531442%2F21531442_0001.jpg&w=800&h=600)
[Assessed 161%] Detached house in Itabashi, Tokyo — 13 min from Tobu-nerima Sta.
![[Assessed 106.7%] Apartment building in Kita, Tokyo — 12 min from Motohasunuma Sta.](https://img.rakumachi.jp/c/property/LzKtHMseM7Ucc3cbeeSMag__/117593234_x4y4)