
[Assessed 122.6%] Land in Hiratsuka, Kanagawa — 19 min from Hiratsuka Sta.
Property Overview
| Location | Hiratsuka, Kanagawa |
| Nearest Station | JR Tokaido Main Line Hiratsuka Sta. |
| Walk | 19 min walk |
| Assessed Ratio | 122.6%Assessed 122.6% |
| Price | ¥19,800,000 |
| Type | Land |
| Land Area | 167.47㎡ |
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 | ¥19,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥24,283,150 |
| Building assessed value | - |
| Total assessed value | ¥24,283,150 |
| Asking price | ¥19,800,000 |
| Assessed ratio | 122.6% |
Calculation basis
- Land = road price ¥145,000/m² × land area 167.47m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +7.4%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 135,000 | — |
| 2025 | 140,000 | +3.7% |
| 2026 | 145,000 | +3.6% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Because the listing contains no property photographs, we worked from four sheets of the 2026 roadside land value maps and the national 1 m laser survey data to verify the figures and the terrain.
What We Could Not Confirm
- With no photographs in the listing, we could not confirm whether there is a retaining wall or a step between the lot and the road. A site visit or an enquiry to the broker is needed.
- For the same reason we could not judge from photographs whether the access is stepped, or whether this is a flag-shaped lot.
- The zoning is given as Category I Low-Rise Exclusive Residential while the building coverage ratio is listed as 80% and the floor area ratio as 200%. That combination is not possible under this zoning, so one figure is likely a transcription error and should be checked against the municipality's city planning records.
- The lot faces a designated-position road, but the listing has no private road burden field, so the share is unknown. Deducting an equivalent of 30 sqm would still leave an assessed ratio of 100.7%, but the actual figure needs confirmation.
- The address is published only down to the district name, with the lot number withheld, so we used the modal roadside value of the streets within the district. With the lot number, the value of the specific abutting road could be identified.
※ 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
This listing has no property photographs at all. The seller has not published any images of the vacant lot, which means we could not verify any of the conditions this site uses for exclusion: a retaining wall with 1 m or more of retained height, a step between the lot and the road, stepped access, or a flag-shaped lot. As a substitute we measured the surrounding elevation using the Geospatial Information Authority of Japan's 1 m laser survey data. Across roughly 400 m in each direction the elevation ranges from 5.2 m to 8.7 m, and even at 30 m spacing the largest difference between adjacent points is 1.2 m (a gradient of about 4%). No abrupt step or cliff line was detected within a few metres. This is flat alluvial lowland on the right bank of the Sagami River. Even so, a 1 m grid can miss a retaining wall at a plot boundary, so this does not replace site photographs.
The lot is a 19-minute walk from Hiratsuka Station on the JR Tokaido Main Line and the Shonan-Shinjuku Line. Tokyo Station is about 60 minutes away and Shinagawa about 50 minutes, both without a transfer. A convenience store is a 2-minute walk away, and a drugstore and post office are 7 minutes away.
The land measures 167.47 sqm (50.65 tsubo), is registered as residential land, and is currently vacant. It faces a designated-position road roughly 4 m wide on its west side. The land is held in freehold, not leasehold. The listing carries no mention of rebuilding restrictions, proviso roads, or cliff ordinances.
Our assessed valuation uses the 2026 inheritance-tax roadside land value of 145,000 yen per sqm, giving a land value of 24.28 million yen against the asking price of 19.8 million yen — an assessed ratio of 122.6%. Since there is no building, this is a land-only valuation. The roadside value for this district has risen 5,000 yen per sqm each year: 135,000 in 2024, 140,000 in 2025 and 145,000 in 2026.
Two points need checking. First, the listing states the zoning as Category I Low-Rise Exclusive Residential while also giving a building coverage ratio of 80% and a floor area ratio of 200%. An 80% coverage ratio is not possible under that zoning, so one of the two is likely a transcription error. Second, although the lot faces a designated-position road, the listing has no field for private road burden at all, so the share of that road is unknown. Even deducting an area equivalent to 3 m by 10 m (30 sqm) the assessed ratio stays at 100.7%, but the actual burden needs to be confirmed with the municipality and the broker.
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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