[Assessed 105.3%] Detached house in Niiza, Saitama — 16 min from Niiza Sta.

⚠️ This listing has no photos at all, and we could not find the same property on SUUMO, athome or Kenbiya. As a result, we have not been able to check whether there are retaining walls, whether there is a level difference with the front road (including whether the site is reached by steps), whether it is a flag-shaped lot, whether it is a row house attached to a neighbouring building, or the condition of the building exterior. GSI elevation data show a terrace escarpment with a height difference of about 14 m running through Owada 1-chome, so if the site is on the slope side there may be retaining walls or a level difference with the road. In addition, the road access and private road burden fields are blank, so the width and type of the front road and whether a setback is required are unknown.

The address is listed as "Owada 1-87-6, Niiza", but the residence-indication blocks of Owada 1-chome are numbered 1 to 28, so "87" appears to be a land lot number, and the position of the site has not been identified. Besides areas with route prices, Owada 1-chome includes the project area of the Niiza Station North Exit Land Readjustment Project (valued individually, without route prices) and an urbanization control area. The listing states an urbanization promotion area with designated zoning, so it is not in the control area, but whether it is inside the readjustment project area is unknown. The listing gives a 16-minute walk from Niiza Station on the JR Musashino Line, which fits the blocks in the northern part of 1-chome (blocks 24–28), about 1.0 km in a straight line from the station.

The property is "Libre Fine Niiza Owada Phase 2", a two-storey wooden 4SLDK house (total floor area 104.54 m²) built in June 2024. The land is 128.65 m² on the register, freehold, land category residential, straddling a Category 2 Medium-to-High-Rise Exclusive Residential Zone and a Category 2 Residential Zone, with 60% building coverage and 200% floor-area ratio. It is leased and fully occupied, with projected annual rent of 2.136 million yen (178,000 yen per month) and a gross yield of 5.50%; the price is 38.8 million yen. The seller is Hajime Construction Co., Ltd., and a designated property management company applies. Nearby are 7-Eleven (Owada 1-chome, about 560 m), Beisia (about 760 m), and Nakau and CoCo Ichibanya (both about 360 m). Distances are straight-line distances from the centroid of Owada 1-chome; because the property's position has not been identified, actual distances may differ considerably.

The assessed ratio is about 105.3%. For the 2026 route price we use 155,000 yen/m² (leasehold ratio D), the most common value on the local streets of Owada 1-chome. Local streets in 1-chome fall into bands of 145,000–165,000 yen/m² (excluding arterial roads such as Prefectural Road Niiza-Wako at 185,000 yen/m²); even the lowest, 145,000 yen/m², gives about 102.0%, so the ratio stays around 100% whichever band applies. The same road was 150,000 yen/m² in 2024 and 155,000 yen/m² in 2025 and 2026. Built in 2024, the building has a long remaining useful life and accounts for about half of the assessed value. Even if it were a flag-shaped lot and an access strip of about 30 m² were excluded, the ratio would be about 93.3%. With no photos, the retaining walls, level differences, road access, whether it is a row house, and the position of the site need to be confirmed with the listing agent or on site.