[Assessed 126.9%] Land in Kashiwa, Chiba — 13 min from Masuo Sta.

⚠️ The road-access field in the listing is blank ("－"), so the direction of the frontage, the width of the road in front, and whether it is a public or private road have not been confirmed. The private-road burden, setback and terrain fields are also blank. Whether the lot has road frontage that allows a building to be constructed needs to be confirmed with the agent. This is a land lot in Masuo 4-chome, Kashiwa, a 13-minute walk from Masuo Station on the Tobu Noda Line (Urban Park Line) and a 19-minute walk from Sakasai Station; JR Kashiwa Station is about 4.1 km away. The lot number is not published; based on the listed distances to a neighborhood park (170 m) and Tsuchi Elementary School (468 m), we estimate it lies in the southern part of 4-chome.

The land is 183.51 m² (55.51 tsubo) and the price is ¥12.0 million (about ¥216,000 per tsubo). It is freehold vacant land registered as residential land, in an urbanization promotion area zoned Category 1 Exclusively Low-rise Residential (building coverage 50%, floor area ratio 100%). ⚠️ The land is sold with a building condition: a construction contract for a semi-custom home offered by the listing company, TALE HOUSING Co., Ltd., is a prerequisite, and the contractor is not stated in the listing. You cannot buy the land alone and build freely. The transaction is an exclusive brokerage, listed by TALE HOUSING Co., Ltd.

The land is valued at the 2026 (Reiwa 8) road price of ¥83,000/m² (leasehold ratio D), giving an assessed ratio of about 126.9%. Local roads in Masuo 4-chome range from ¥72,000 to ¥87,000/m², and we took the most common value, ¥83,000/m². The same segment rose from ¥76,000 to ¥79,000 to ¥83,000/m² over three years; even at the lowest value in 4-chome, ¥72,000/m², the ratio is about 110.1%. ⚠️ On the other hand, the ¥12.0 million price is below the land value calculated from the road price (about ¥15.23 million), at roughly ¥65,000 per m². The listing's highlight comment praises "the openness of a hilltop location", and GSI elevation data show the plateau in southern 4-chome at about 20–24 m while the eastern edge and the northern part are about 10–12 m, meaning there is an escarpment of about 10 m on the east and north sides of the district. Possible reasons for a price below the road-price value include unusable sloped land, a retaining wall that exists or needs rebuilding, or a flag-shaped lot with a narrow access strip; the listing does not allow us to tell which applies.

The listing images are only plan examples (exterior renderings and interiors) and photos of the surrounding area; there are no photos of the site itself. We therefore could not confirm whether there is a retaining wall, a level difference with the road, stair access, or a flag-shaped layout. The assessed ratio is high, but the usability of the land cannot be judged until access and elevation are known, so an on-site inspection and inquiries to the agent are prerequisites for this property. For nearby facilities, the distances to Ministop Kashiwa Masuo and Create SD Kashiwa Masuo are the listing's figures; the others are straight-line distances from the centroid of Masuo 4-chome on OpenStreetMap, because the lot number is not published.