積算100
[Assessed 83.2%] Land, 5 min from Kami-Igusa Station, Suginami Ward, Tokyo
Assessed 83.2%LandSuginami Ward, TokyoKami-Igusa Sta. 5 min walk

[Assessed 83.2%] Land, 5 min from Kami-Igusa Station, Suginami Ward, Tokyo

Published: Aug 29, 2026Updated: Sep 11, 2026

Property Overview

LocationSuginami Ward, Tokyo
Nearest StationSeibu Shinjuku Line Kami-Igusa Sta.
Walk5 min walk
Assessed Ratio83.2%Assessed 83.2%
Price¥78,500,000
TypeLand
Land Area192.52㎡

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.

Kenbiya¥78,500,000View listing

Assessed Value Breakdown

Land assessed value¥65,328,000
Building assessed value-
Total assessed value¥65,328,000
Asking price¥78,500,000
Assessed ratio83.2%

Calculation basis

  • Land assessed value was entered manually by the operator.

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +14.3%
YearRoad price (JPY/m²)YoY
2024350,000
2025370,000+5.7%
2026400,000+8.1%

Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.

How We Checked This Property

The frontage field was blank, so we measured the site plan to establish both the access arrangement and the area of the pole. We also worked out which of two streets this plot fronts, since it sits on the seam between two roadside value map sheets.

Effective land area

The frontage field reads "-", but the site plan settled the access arrangement. The plot reaches a road of about 7.25 m to the west through a passage strip about 2.0 m wide and 14.6 m long — a flagpole plot. We measured the pole off the site plan. Using the 7.25 m road width to derive a scale of 1.63 px/m and reconstructing the outline gives a strip along the northern edge of 2.0 m by about 14.6 m (about 29.6 sqm) plus a body of about 12.65 m by 12.31 m (about 155.7 sqm), totalling about 185 sqm — closely matching the registered 192.52 sqm. So the 192.52 sqm includes the pole, and we deducted 29.2 sqm to give 163.32 sqm of usable land. On the plan the pole alone is hatched and annotated "passage agreement available", drawn separately from the body, which supports this. Since it is a judgement call, both figures: with the deduction the assessed ratio is 83.2%; if the 192.52 sqm covered only the body and the pole were a separate parcel, no deduction would apply and it would be 98.1%. We took the conservative deduction as the headline.

Rights and restrictions

There are limits on what can be built. Under Article 3 of the Tokyo Metropolitan Building Safety Ordinance, a site reaching the road only through a passage strip needs a width of at least 2 m where the strip is 20 m or less in length, and that provision applies only to single houses of 200 sqm or less in floor area. At about 14.6 m long and about 2.0 m wide this just complies and rebuilding is possible — but only because 100% floor area ratio over 192.52 sqm gives 192.52 sqm, which is under 200 sqm. A row house, an apartment block or any scheme over 200 sqm would require a 3 m strip and cannot be built here. In practice this is a single-house site. The "conditions" field also reads "sold subject to building conditions": a construction contract must be signed with the seller's nominated builder within a set period, and the land cannot be bought on its own. The listing's own copy says "please enquire about removing the building condition", so whether it can be lifted is a matter of negotiation.

Locating the road price

We fixed the location starting from the property coordinates embedded in the listing HTML, calibrated against every block reference point in Igusa 5-chome — blocks 1 to 19 — geocoded through the Geospatial Information Authority address API (the other pair of coordinates in the same HTML are the coordinates of Kami-Igusa and Nishi-Ogikubo stations, which we did not use). The site is about 48 m south-west of block 16 and about 71 m east of block 17, sitting on the seam where the eastern edge of map 43004 overlaps the western edge of 43005. We derived the scale independently two ways, from blocks 13 and 14 (which share a longitude) and from block 10, and both came out at about 1.63 px/m.

View source
Locating the road price

Two streets are candidates: 410D on the 43004 side (running north-south) and 400D on the 43005 side (running east-west). We took the conservative 400D (400,000 yen/sqm). The surrounding bands run 390D to 410D across blocks 16, 17, 9, 8 and 15, with 470C on the wider road to the north-west, 360D to 390D in the western part of Igusa 5-chome, and 440D on the arterial to the north. On sensitivity: 410D gives 85.3% and even 390D gives 81.1%, holding above 80%. The roadside value needed to reach 80% is 384,521 yen/sqm on the 163.32 sqm basis; only 380D or below would fall short at 79.1%, and those bands lie more than 200 m west of the site. The three-year series follows the same street on the same map: 350,000 yen in 2024, 370,000 in 2025 and 400,000 in 2026 (the 43004 side runs 360D to 390D to 410D). The leasehold ratio symbol is D (60%) throughout the surrounding area. This is neither a multiplier area nor a land readjustment area.

On-site check from photos

We downloaded and inspected all five site photos (three exteriors from two directions, two of the frontage road to the west) and the site plan, checking the whole perimeter. The north-west boundary is a precast concrete panel fence; the eastern boundary with the neighbouring rental apartment is two courses of block (about 0.4 m) with a mesh fence; the northern and southern boundaries are block walls of three to four courses (about 0.6 to 0.8 m). In every case the ground is at the same level on both sides — these are screen and boundary walls, not earth retention. We put the retaining height at about 0.1 to 0.4 m, cross-checking the block joint counts against the fact that the tyres of a car parked beyond the northern boundary sit at much the same level as the ground on the site side. The road surface and the passage surface run on flush across a gutter and concrete apron with no step at all, and there are no stairs — the passage is a flat asphalt approach. The vacant plot is level throughout, with no protective sheeting and no cut faces.

On-site check from photos

We corroborated the terrain with national 1 m laser survey data, measuring 12 points: the centre of the site, the midpoint of the pole, the frontage road, the far side of the road, and the neighbouring plots to the north, south, east and west. All fell between 49.0 and 49.6 m, a total range of just 0.6 m, with the centre of the site at 49.4 m against 49.0 m on the frontage road — a difference of 0.4 m. This confirms independently of the photo assessment that there is no step on the metre scale.

View source

What We Could Not Confirm

  • The pole carries a "passage agreement available" annotation on the site plan. The rights attaching to the passage — whether it is solely or jointly owned, and what right of way exists with the neighbour — need confirming in the important matters explanation. The passage opening looks about 4 m wide in the photos, which appears to be because it is used together with the neighbour's passage.
  • The frontage is only about 2.0 m wide. That satisfies the Building Standards Act, but compliance with Article 3 of the Tokyo Metropolitan Building Safety Ordinance depends on the "single house of 200 sqm or less" condition. A row house, an apartment block or a scheme over 200 sqm cannot be built on this plot.
  • The "conditions" field reads "sold subject to building conditions", so the land cannot be bought on its own. The listing says the condition may be negotiable, but the price in that case would be a matter of negotiation.
  • The 29.2 sqm pole area is our own measurement off the site plan. The listing gives no dimensions for the pole, so a survey plan or a site visit is needed. If the pole is a separate parcel, no deduction applies and the assessed ratio rises to 98.1%.
  • Zoning is Category I Low-Rise Exclusive Residential at 50% coverage and 100% floor area ratio. What can be built on 163.32 sqm of usable land is limited, so anyone considering a rental use should confirm the achievable volume.

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

Maruetsu Kami-Igusa Ekimae
2 min walk from the station

Supermarket in front of Kami-Igusa Station, about 100 m from the station and about 300 m from the property.

Source
mini Piago
2 min walk from the station

Small supermarket about 110 m from Kami-Igusa Station.

Source
Seven-Eleven
8 min walk from the station

About 170 m from the property — the nearest convenience store.

Source

Neighborhood ② Dining Near the Station

Kitchen Nankai
2 min walk from the station

About 100 m from Kami-Igusa Station and about 270 m from the property.

Source
Ramen Ryu
4 min walk from the station

About 220 m from the property and about 190 m from Kami-Igusa Station.

Source
Carina
2 min walk from the station

Cafe about 100 m from Kami-Igusa Station, about 270 m from the property.

Source

About This Property

A 78.5 million yen plot in Igusa 5-chome, Suginami Ward, Tokyo, a 5-minute walk from Kami-Igusa Station on the Seibu Shinjuku Line. Land 192.52 sqm (58.23 tsubo, registered), currently vacant so there are no demolition costs. Freehold, in an urbanisation promotion area zoned Category I Low-Rise Exclusive Residential with 50% building coverage and 100% floor area ratio. Mains water, sewerage and city gas are connected.

The assessed ratio is 83.2%. The inheritance-tax roadside land value for fiscal 2026 is 400,000 yen/sqm (roadside value map 43005). However, this is a flagpole plot, and we have deducted the pole from the assessment. Measuring the site plan pixel by pixel puts the pole at about 2.0 m wide by 14.6 m long, or about 29.2 sqm, leaving 163.32 sqm of usable land. At 400,000 yen/sqm that is 65.33 million yen, or 83.2% of the 78.5 million yen price. Without the deduction, 192.52 sqm would give 98.1%, but we have taken the conservative figure as the headline.

The frontage field was blank, but the site plan settled the access arrangement. The plot reaches a road of about 7.25 m to the west through a strip about 2.0 m wide and 14.6 m long. On the plan the pole alone is hatched and annotated "passage agreement available", drawn separately from the body of the plot — which is what justifies deducting it. Conversely, if the 192.52 sqm covered only the body and the pole were a separate parcel, no deduction would be needed, so our treatment is the conservative one.

There are limits on what can be built here. Under Article 3 of the Tokyo Metropolitan Building Safety Ordinance, a site reaching the road only through a passage strip needs a width of at least 2 m where the strip is 20 m or less in length — and that applies only to single houses of 200 sqm or less in floor area. At about 14.6 m long and about 2.0 m wide this just complies and rebuilding is possible, but only because 100% floor area ratio over 192.52 sqm gives 192.52 sqm of floor area, which is under 200 sqm. A row house, an apartment block, or any scheme over 200 sqm would need a 3 m strip, which this plot does not have. In practice this is a single-house site.

One more point: the "conditions" field in the property summary reads "sold subject to building conditions". We do include such plots, but it means a construction contract must be signed within a set period and the land cannot be bought on its own. The listing's own copy says "please enquire about removing the building condition", so whether it can be lifted is a matter of negotiation.

To fix the location we started from the property coordinates in the listing HTML and calibrated against every block reference point in Igusa 5-chome, blocks 1 to 19, geocoded through the Geospatial Information Authority address API. The site is about 48 m south-west of block 16 and about 71 m east of block 17, sitting on the seam where the eastern edge of map 43004 overlaps the western edge of 43005. Two streets are candidates: 410D on the 43004 side and 400D on the 43005 side. We took the conservative 400D. On sensitivity, 410D gives 85.3% and even 390D gives 81.1%.

We inspected all five site photos (three exteriors from two directions, two of the frontage road to the west) and the site plan. Every boundary is a screen or boundary wall with the ground at much the same level on both sides, none of it functioning as earth retention. The road surface and the passage surface run on flush across a gutter and concrete apron with no step at all, and there are no stairs. Measuring 12 points with national 1 m laser survey data gave 49.0 to 49.6 m, a total range of 0.6 m, with the centre of the site at 49.4 m against 49.0 m on the frontage road — a difference of 0.4 m.

Estimated Financing

Assessed value ¥65,328,000 → estimated loan ¥65,320,000 (83% 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.

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