[Assessed 82.2%] Land in Kohoku Ward, Yokohama, Kanagawa — 16 min from Nippa Sta.

This is a vacant lot for sale in Shin-Yoshida-Higashi 7-chome, Kohoku Ward, Yokohama, a 16-minute walk from Nippa Station on the Yokohama Municipal Subway Blue Line. Tsunashima Station on the Tokyu Toyoko Line is a 19-minute walk, and Nippa Station reaches Yokohama Station in about 16 minutes without a transfer. The listing gives the location as "Yoshida-Higashi 7", but the residential address shown on Rakumachi and HOME'S Investment places it in Shin-Yoshida-Higashi 7-chome. The zoning is Category 1 Exclusively Low-rise Residential (60% building coverage, 100% floor area ratio) within a quasi-fire prevention district, and restrictions under the Act on Regulation of Residential Land Development and Embankments, the Landscape Act and the Urban Green Space Conservation Act apply. The listing only says "supermarket and drugstore at Nippa Station" without names or distances, so the nearby places below are shops in Kohoku Ward, with straight-line distances from the residential-address location to each shop's position on OpenStreetMap.

The price is 117 million yen. The land is 363.00 m² by the register (freehold, land category: miscellaneous land, no building condition) and faces a public road about 5.0 m wide on the east side. athome also labels it a "corner lot", but the listing gives no direction, width or type for a second road. No private-road burden or setback is mentioned; utilities are water, sewer, city gas, electricity and a roadside gutter (per athome). Delivery is as vacant land with the timing negotiable; the seller is MAI Co., Ltd. (Open House Group), selling directly. ⚠️ The listing states that the registered area differs from the surveyed area but that no cadastral correction will be registered, and the surveyed figure is not disclosed. It also states that there are encroachments onto the lot at several points, without saying where or what they are.

For the road price, we read every street in Shin-Yoshida-Higashi 7-chome on the 2026 road price maps and took the most frequent value, 265,000 yen/m² (leasehold ratio D), as the representative figure. Bus-route values on the 6-chome border and the 8-chome side were excluded as a different kind of road. The assessed ratio is 82.2%, and the representative road rose from 235,000 yen (2024) to 255,000 yen (2025) and 265,000 yen (2026), about 12.8% over two years. The road the lot faces on the east is in the 285,000 yen/m² band, which would give 88.4%, but we used the most frequent value in the district instead. ⚠️ The assessment uses the registered 363 m². The ratio falls below 80% if the area is under about 353.2 m², i.e. if the surveyed area is about 9.8 m² (2.7%) or more smaller than the registered figure. Encroached portions also reduce the area that can actually be used.

⚠️ The listing has no photos at all (none on Rakumachi, athome or HOME'S Investment). A retaining wall, any step or stairs between the lot and the road, whether it is a flag-shaped lot, and the current state of the vacant land could therefore not be checked from photos. As a substitute, the GSI 1 m elevation data show about 3.4–3.5 m near the centre of the front road and about 3.9–4.4 m inside the lot, so the lot may sit roughly 0.5–1.0 m above the road. Within a 40 m radius the values stay between 3.3 and 4.6 m, flat lowland along the Tsurumi River, with nothing indicating a large level difference or slope against the neighbours. Whether there is a retaining structure and how high it is, the surveyed area and the nature of the encroachments need to be confirmed on site or with the agent.