[Assessed 86.7%] Land in Chiyoda Ward, Tokyo — 2 min from Bakurocho Sta.

This is a plot of land for sale in Higashi-Kanda, Chiyoda Ward, Tokyo. It is a 2-minute walk to Bakurocho Station on the JR Sobu Rapid Line and a 6-minute walk to Bakuro-yokoyama Station (Toei Shinjuku Line) and Higashi-nihombashi Station (Toei Asakusa Line). ⚠️The listing gives the address only down to the district name (Higashi-Kanda); the chome and lot number are not disclosed. The blocks that fit a walking distance within about 160 m of a Bakurocho Station exit are in the eastern part of Higashi-Kanda 1-chome, so we estimate the site is in 1-chome. Measured in a straight line from the district centroid to their OpenStreetMap locations, a FamilyMart is about 140 m away, the Maruman Store supermarket about 220 m, and the restaurants Misen and Komoro Soba about 130 m and 180 m.

The land is 85.81 m² (registered, 25.95 tsubo) with a finalized survey map, freehold, residential land category, and currently vacant. It is a corner lot facing a 4.00 m public road on the southeast and a 2.685 m public road on the southwest. The zoning is a commercial district with an 80% building coverage ratio, a 600% floor area ratio and a fire prevention district designation, and the handover date is negotiable. ⚠️Because the southwest road is narrower than 4 m, we assumed the site must be set back to 2 m from the road centerline (as a road under Article 42-2 of the Building Standards Act). The listing does not state a setback area.

For the road price we traced the local street bands of Higashi-Kanda 1-chome across two road price map sheets (16013 and 16014) and adopted 1,500,000 yen/m² (leasehold ratio B) for fiscal 2026, the value shared by the largest number of segments. The same road has risen from 1,050,000 yen in 2024 to 1,250,000 yen in 2025 and 1,500,000 yen/m² in 2026. We deducted an estimated setback of 6.09 m² and valued the remaining 79.72 m², giving an assessed ratio of 86.7%. Without the setback deduction it would be 93.3%, and changing the assumed frontage gives a range of 81.1% to 89.1%.

⚠️The local street bands in 1-chome split into two groups: streets at 1,320,000-1,510,000 yen (13 segments) and narrower streets at 840,000-990,000 yen (10 segments). 1,500,000 yen is the single most common value with 3 segments, but only by a small margin. This site faces roads of 4.00 m and 2.685 m, both narrow, and is likely to front the narrower-street band. At 860,000 yen/m² the assessed ratio falls to 49.7%, at 970,000 yen/m² to 56.0%, and even at the overall median of 1,330,000 yen/m² it is 76.8%. The assessed ratio depends heavily on which road price is used.

⚠️We checked Kenbiya, Rakumachi, SUUMO, athome and Yahoo! Real Estate but found no on-site photos of this property. Whether there is a retaining wall, a step from the front road, and the condition of the land could not be confirmed from photos. GSI elevation data shows every block in Higashi-Kanda 1-chome on flat low ground at 3.8-4.6 m. The property has been listed on Rakumachi since June 19, 2026, about three months.