[Assessed 89.1%] Land in Suginami Ward, Tokyo — 7 min from Ogikubo Sta.
Property Overview
| Location | Suginami Ward, Tokyo |
| Nearest Station | Seibu Shinjuku Line Ogikubo Sta. |
| Walk | 7 min walk |
| Assessed Ratio | 89.1%Assessed 89.1% |
| Price | ¥130,000,000 |
| Type | Land |
| Land Area | 303.58㎡ |
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.
| Rakumachi | ¥130,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥115,776,000 |
| Building assessed value | - |
| Total assessed value | ¥115,776,000 |
| Asking price | ¥130,000,000 |
| Assessed ratio | 89.1% |
Calculation basis
- Land assessed value was entered manually by the operator.
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +15.4%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 390,000 | — |
| 2025 | 420,000 | +7.7% |
| 2026 | 450,000 | +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
Rather than reprinting the listing, we calibrated the 2026 roadside land value map (sheet 43011) against block coordinates from the Geospatial Information Authority and measured the site plan pixel by pixel to settle how the private road and the flagpole strip should be treated.
What We Could Not Confirm
- Whether the 27.34 sq m private-road burden is inside or outside the stated land area splits the ratio between 89.1 and 79.6 percent. We read it as a separate lot from the site plan, but checking the cadastral map is worth doing.
- We deduct 46.3 sq m for the flagpole strip, measured from the site plan. The listing gives no figure for the strip itself, so a survey plan should be checked.
- For the existing building, the listing gives no floor area, structure, construction date or storey count, and no demolition estimate. These need confirming separately.
- No photograph covers the northern side of the site behind the building, so the condition of that boundary could not be checked.
- In a Category 1 low-rise zone with a 100 percent floor area ratio, the 257.28 sq m of effective land allows roughly 257 sq m of floor area.
※ 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 Kami-Igusa 1-chome, Suginami Ward, a 7-minute walk from Iogi Station on the Seibu Shinjuku Line, with Kami-Igusa Station also 13 minutes on foot. The address is published down to the lot number. A convenience store, a supermarket and a drugstore sit by the station, so daily shopping is within walking distance. Shinjuku is about 25 minutes away.
The site is 303.58 sq m by the register. Zoning is Category 1 low-rise residential with a 50 percent building coverage ratio and a 100 percent floor area ratio; the title is freehold and there is no building condition attached. It fronts a 4-metre designated-position road to the south with a 3.0-metre frontage. An old building remains — a three-storey office-style structure — so demolition costs need allowing for. We carry the building at zero.
The 2026 inheritance-tax roadside land value is 450,000 yen per sq m. Deducting 46.3 sq m for the flagpole strip leaves 257.28 sq m, giving a land assessment of 115.78 million yen, or 89.1 percent of the 130 million yen asking price. The roadside value has risen 15.4 percent over three years from 390,000 yen in 2024.
Note that the stated private-road burden of 27.34 sq m has not been deducted from the land area: measuring the site plan pixel by pixel showed it to be a separate lot — a one-third share of a designated-position road. Only the flagpole strip is deducted. Deducting both would bring the ratio to 79.6 percent.
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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