[Assessed 95.3%] Land in Minami Ward, Yokohama, Kanagawa — 10 min from Gumyoji Sta.

⚠️ The listing contains no on-site photos, so we could not verify from photos whether there is a retaining wall, a level difference from the frontage road, or stairs to the road. The listing's appeal section describes the site as "terraced, facing south," meaning the south side is a step lower, and we consider it likely that there is a retaining wall or level difference at the boundary. This site excludes properties with a retaining wall of 1m or more in soil-retaining height, so the presence and height of any wall must be confirmed on site or with the broker. ⚠️ The frontage road is a narrow public road about 2.0–2.5m wide, and a setback of about 6.23㎡ is required when building.

This is a lot with an old house in Nakazato 3-chome, Minami Ward, Yokohama, a 10-minute walk from Gumyoji Station on the Keikyu Main Line. The land is 114.02㎡ by registry, and the effective area after the setback is 107.79㎡ according to the survey drawing; it is freehold with no private road burden. It lies in a Category 1 low-rise residential zone (50% building coverage, 100% floor area ratio) and a quasi-fire prevention district, with restrictions including a 100㎡ minimum lot size, a residential land development regulation area, and a dense urban area earthquake and fire countermeasure plan. The price is 19.8 million yen, brokered by Daiwa House Industry (general brokerage), with no building condition.

The old house is a vacant two-story wooden house of 117.29㎡ built in April 1959 (the listing treats the year as unconfirmed), sold as is, and the seller bears no liability for nonconformity of the building or repair of equipment. The building is not included in the valuation; only the land is valued. The 2026 route price is 175,000 yen/㎡ (160,000 in 2024 and 170,000 in 2025), the most common value on the local streets of Nakazato 3-chome. Because the lot number is not disclosed, we could not identify the road the site faces; if the narrow frontage road carries a route price of 145,000 yen/㎡ or less, the assessed ratio falls below 80%.

The area is a residential district with many slopes; GSI elevation data shows elevations ranging from 7.5m to 47.2m within 200m of a nearby nursery school. There is a shopping street on the Gumyoji Station side, and the nearby places below are straight-line distances from the center of Nakazato 3-chome (OpenStreetMap). If you consider buying, we recommend checking on site the retaining wall and the level difference from the road, the width and route price of the frontage road, and the cost of demolishing the old house.