[Assessed 88.3%] Land in Atsugi, Kanagawa — 17 min from Hon-Atsugi Sta.

This is a plot of land for sale (land only) in Okada 1-chome, Atsugi, Kanagawa, a 17-minute walk from Hon-Atsugi Station on the Odakyu Odawara Line. It is in a Category 1 residential zone (building coverage 60%, floor area ratio 200%) within the urbanisation promotion area, and is a corner lot with 18.1 m of frontage on a 6.2 m public road to the east. Measured in a straight line from the representative point of the block estimated from the listing maps and the cadastral map (Okada 1-chome, block 14; GSI address search coordinates), 7-Eleven is about 60 m away, Liquorland Top Hon-Atsugi about 110 m and The Big Atsugi Asahicho about 410 m; for food, Jigoku no Tantanmen Tenryu Atsugi Interchange is about 420 m and Gyotenya Tomei Atsugi about 490 m (OpenStreetMap). As the street number is not disclosed, these are not distances from the property itself.

The price is 250 million yen for 1,577.00 m² of land (about 477 tsubo), freehold. The land category is miscellaneous land, and it is currently used as a monthly parking lot. A coin-parking sign also appears in the photos taken from the road, and the listing does not make clear whether part of the site is hourly parking or whether the sign belongs to a separate lot next door. On the cadastral map it is an L-shaped single block of land (lot 1822-1 and others). The yield is undetermined and the handover date is negotiable. ⚠️ Although it is a corner lot, the listing does not state the direction or width of the second road it faces, other than the public road to the east.

The assessed ratio is about 88.3%. We used 140,000 yen/m² (FY2026, leasehold ratio D), the most common value on the local streets of Okada 1-chome, as the representative route price; the same section rose from 130,000 (2024) to 135,000 (2025) and 140,000 yen/m² (2026), about 7.7% in two years. On the road to the east, the band changes from 140,000 to 135,000 yen/m² near the site's frontage; using 135,000 yen/m² gives about 85.2%. ⚠️ Although this is a large plot of 1,577 m², the assessment is a simple calculation of route price times area, with no adjustment for the size of the plot. The part within the planned city road described below is not deducted from the area either. Both are factors that could make the actual valuation lower than the assessment.

⚠️ Part of the land lies within the area of a planned city road. The listing does not state the area or proportion affected, or the name, width and project approval status of the planned road. Within this area, building is restricted under Article 53 of the City Planning Act: in principle, only buildings of two storeys or less, with no basement, and of a structure that can easily be relocated or removed may be built. If the road project goes ahead, the affected part may be subject to expropriation (compulsory purchase). ⚠️ The listing states that inheritance procedures for the neighbouring lot to the west have not been completed (the heirs have not been determined), so a boundary confirmation cannot be obtained, and boundary determination and subdivision registration are currently not possible. The property was listed on 4 October 2026.