[Assessed 84.4%] Land in Hachioji, Tokyo — 17 min from Hachioji Sta.

⚠️ Note on road access. The Rakumachi listing leaves the frontage field blank; the same property's athome listing states "south: 4.0 m private road, 12.8 m frontage, no private-road burden" and a remark that "4 m road access has been secured with agreement on the public/private boundary." The type of private road (designated road or Article 42-2 road), whether a share is included, and consent for passage and excavation are not stated and need to be confirmed with the broker. Several properties on this site have been withheld for the same reason of unconfirmed road access.

This is a vacant lot in Motoyokoyama-cho 3-chome, Hachioji City, Tokyo, a 15-minute walk from Hachioji Station on the JR Chuo, Yokohama and Hachiko Lines (17 minutes and about 1,300 m in athome's list view). It sits in a flat residential area south of the Asakawa River. Per the listing, Gyomu Super Tamachi is about 220 m away, a nursery about 130 m and Motoyoko-nishi Park about 180 m. Rakumachi does not disclose the chome; we identified 3-chome from the athome listing of the same property and its coordinates.

The land is 288.84 sqm (registered, about 87 tsubo), currently a paved parking lot with marked bays. No building conditions, freehold, urbanization promotion area, Category 1 medium-to-high-rise residential zone (60% coverage / 200% floor-area ratio), quasi-fire-prevention district, height-control district, sunlight regulation, and inside a regulated area under the Act on Regulation of Residential Land Development and Specified Filling. The seller markets it as a site for an apartment building or income property; no rent or yield figures are given. Price: 63.3 million yen.

The 2026 inheritance-tax roadside land price is 185,000 yen/sqm (map sheet 55056), the representative value for the block streets of Motoyokoyama-cho 3-chome. Multiplied by 288.84 sqm, the land assessment is 53,435,400 yen; the building assessment is zero because the lot is vacant. Against the 63.3 million yen asking price the assessed ratio is 84.4%. The roadside price has risen about 12% over three years, from 165,000 yen (2024) to 175,000 yen (2025) and 185,000 yen (2026).

However, the 4 m private road this lot fronts carries a roadside price of 160,000 yen/sqm, the lowest band within the chome. Using the frontage band, the land assessment falls to 46,214,400 yen and the ratio to 73.0%, below 80%. Bands within the chome range from 155,000 to 195,000 yen; at 180,000 yen the ratio is 82.1%. This site uses the most common band among block streets as the representative value, hence 84.4%, but the gap is stated here as a factor to weigh.

We reviewed eight exterior photos (taken August 2026) and one plot plan from the athome listing. The lot is level with the road to the south with no step or stairs; the roughly 1.2 m block wall on the east boundary is a privacy wall with the same ground level on both sides, not a retaining wall. The west neighbor has only a mesh fence and the houses to the north stand at the same level. Geospatial Information Authority 1 m elevation data shows less than 0.3 m of relief within 20 m of the site, so there is no retaining wall, slope, stepped access or flag-lot shape.

The zoning differs between listings: Rakumachi says Category 1 medium-to-high-rise residential, while athome's summary field says quasi-industrial (its body text says Category 1 medium-to-high-rise; the 60%/200% figures match on both). As the site is on low ground near the Asakawa River (about 113 m elevation), the flood-hazard designation should also be checked.