[Assessed 86.9%] Apartment building in Ichikawa, Chiba — 15 min from Minami-Gyotoku Sta.
Property Overview
| Location | Ichikawa, Chiba |
| Nearest Station | Tokyo Metro Tozai Line Minami-Gyotoku Sta. |
| Walk | 15 min walk |
| Assessed Ratio | 86.9%Assessed 86.9% |
| Price | ¥77,000,000 |
| Type | Apartment building |
| Expected Yield | 5.06% |
| Structure | Light steel frame |
| Built | Built Mar 1986 (40 years old) |
| Land Area | 273㎡ |
| Building Area | 252㎡ |
Where This Property Is Listed
This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.
| athome | ¥77,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥66,885,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥66,885,000 |
| Asking price | ¥77,000,000 |
| Assessed ratio | 86.9% |
Calculation basis
- Land = road price ¥245,000/m² × land area 273m²
- Building = replacement cost ¥220,000/m² × floor area 252m² × remaining life 0y ÷ statutory life 22y
- Built Mar 1986 (40 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +6.5%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 230,000 | — |
| 2025 | 240,000 | +4.3% |
| 2026 | 245,000 | +2.1% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Because the lot number was not disclosed and there was only one exterior photo, we checked four 2026 road price maps, the distances in the listing's neighborhood section, and GSI elevation data to confirm the block location and the height differences around the lot.
What We Could Not Confirm
- Because the lot number is not disclosed, the road price is based on the band of the estimated blocks. If the lot faces the lowest road in the chome (225,000 yen/m²), the assessed ratio would be about 79.8%. Please confirm the lot number with the broker.
- The only on-site photo is the front exterior, so the height differences at the rear and far side boundaries could not be confirmed from photos (elevation data shows surrounding blocks are flat at 0.8-1.4 m).
- The projected annual rent of 3.9 million yen is the listing's estimate. The current number of occupied units and the rent roll need to be confirmed with the broker.
- The building dates from March 1986 and its condition can only be judged from one exterior photo. Repair history and interior condition need to be checked by viewing and with the broker.
※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.
Neighborhood ① Shopping Near the Station
Neighborhood ② Dining Near the Station
About This Property
⚠️ The lot number is not disclosed and the listing's map coordinates are blank. Based on the distances in the listing's neighborhood section (Tokaimen Park 337 m, Urayasu City Hokubu Elementary School 463 m), we estimated the property to be in the western blocks of Minami-Gyotoku 4-chome and applied the road price there. The only on-site photo is a single front exterior shot, so the height differences at the rear and the far sides of the lot could not be checked from photos.
This is a whole apartment building in Minami-Gyotoku 4-chome, Ichikawa, Chiba, a 15-minute walk from Minami-Gyotoku Station and a 17-minute walk from Urayasu Station on the Tokyo Metro Tozai Line. It sits in a residential area close to the Urayasu city border. According to the listing, FamilyMart Urayasu Hokuei is 262 m away, Welcia Minami-Gyotoku 498 m, and AEON Minami-Gyotoku 867 m.
The price is 77 million yen for 273 m² of land (registered) and a total floor area of 252 m². The building is a two-story light-gauge steel structure with 6 units, built in March 1986 (40 years old), sold with tenants in place. Projected annual rent is 3.9 million yen, a gross yield of 5.06%. The land is freehold with no private-road burden and has 12.0 m of frontage on a 6.0 m public road to the northeast. Zoning is Category 1 Residential (60% building coverage, 200% floor area ratio). The broker is Meiwa Livewell Co., Ltd. (exclusive brokerage).
For the assessment, we counted the block roads in Minami-Gyotoku 4-chome on the 2026 road price map and used the most common value, 245,000 yen/m², as representative. This band rose from 230,000 yen (2024) to 240,000 yen (2025) to 245,000 yen (2026), about 6.5% over two years. The building is past its statutory useful life and valued at zero, so the land alone gives an assessed ratio of about 86.9%. The bands in the estimated western blocks are 245,000-260,000 yen/m², but if the lot faces the lowest road in the chome (225,000 yen/m²), the ratio would be about 79.8%.
The lot and the front road are flat, and neither the listing photo nor GSI elevation data shows a retaining wall or significant step. Because the building is not included in the valuation, please confirm the building's condition and repair history, current occupancy, and the exact lot number with the broker before contracting.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
Learn About Assessed Value and Financing
Our blog explains the basics you need to read the numbers on this page.
不動産担保ローンとは？手持ちの不動産で次の物件を買う方法
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積算評価・担保評価とは？計算方法と調べ方をわかりやすく解説
積算評価（担保評価）とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。
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