[Assessed 89.8%] Condominium building in Niiza, Saitama — 17 min from Niiza Sta.

This is a whole apartment building in Nobidome 7-chome, Niiza, Saitama (the building name is not disclosed). It is a 17-minute walk from Niiza Station on the JR Musashino Line. The listing's neighborhood information includes FamilyMart Niiza Nobidome 7-chome (94 m), Yaoko Niiza (268 m), Fashion Center Shimamura Nobidome (405 m) and Seiyu Niiza (615 m). We added restaurants from OpenStreetMap. In straight-line distance from the property position estimated by photo matching: Shabu-yo Niiza Nobidome about 140 m, and Hoshino Coffee and Hama-sushi about 200 m (all in Nobidome 7-chome; these are not walking distances from the property).

The land is 2,335.62 m² (registered) and freehold. The building is a three-story steel-frame structure with 30 units and a total floor area (usable area) of 2,025.28 m², built in March 1994 (32 years old). The main windows face southeast, and there is parking for cars and bicycles. The site is in a Category 1 Medium-to-High-Rise Exclusive Residential Zone within the urbanization promotion area, with a 60% building coverage ratio and a 150% floor area ratio, and it fronts a road on the northwest side for 56.8 m. There is no private road burden, and the listing mentions no rebuilding restriction or disclosure matters. It is sold fully occupied as an owner change, with a gross yield of 6.08% (expected annual income of 34.06 million yen), under a general brokerage agreement.

On the 2026 road price maps, Nobidome 7-chome is divided by Prefectural Route Niiza-Wako Line (the old Kawagoe Kaido): local streets south of it are mostly 200,000 yen/m², while those north of it are 145,000–180,000 yen/m². Because the building name and lot number are not listed, we matched the exterior photos against GSI aerial photos, placed the property south of the prefectural road (around block 7 of 7-chome), and used the 200,000 yen/m² (leasehold ratio D) of the local street it fronts. The listing gives the structure only as "steel frame", without saying heavy or light gauge, so the building was assessed as heavy steel (32 years old, 2 years of useful life remaining). If it is light-gauge steel, the building's assessed value would be zero and the assessed ratio would be 83.4%.

⚠️ The listing does not state the type or width of the front road (in the photos it is a two-lane road with a center line). Photos confirm equal ground levels at the road-side and side boundaries, but the southeast (balcony-side) boundary does not appear in any photo and is unconfirmed. The location is an estimate based on photo matching; if the property were north of the prefectural road, the road price band would be lower. As a fully occupied owner-change sale, the condition of the units and the lease terms cannot be seen from the listing, so these remain points to confirm with the agent when considering a purchase.