[Assessed 94.6%] Land in Nishitokyo, Tokyo — 16 min from Tanashi Sta.
Property Overview
| Location | Nishitokyo, Tokyo |
| Nearest Station | Seibu Shinjuku Line Tanashi Sta. |
| Walk | 16 min walk |
| Assessed Ratio | 94.6%Assessed 94.6% |
| Price | ¥29,800,000 |
| Type | Land |
| Land Area | 106.87㎡ |
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 | ¥29,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥28,182,750 |
| Building assessed value | - |
| Total assessed value | ¥28,182,750 |
| Asking price | ¥29,800,000 |
| Assessed ratio | 94.6% |
Calculation basis
- Land assessed value was entered manually by the operator.
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +8.2%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 245,000 | — |
| 2025 | 255,000 | +4.1% |
| 2026 | 265,000 | +3.9% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Rather than republishing the listing as is, we counted the local streets of Mukodaicho 1-chome on three sheets of the FY2026 route price map, and checked the level differences and road access around the lot using the two photos of the front road and GSI elevation data.
What We Could Not Confirm
- The listing gives no lot number or map coordinates, so the property's location can only be narrowed down to within Mukodaicho 1-chome. Route prices on the local streets of the chome range from ¥245,000 to ¥270,000/m², and the representative value is the most common, ¥265,000/m².
- The feature tags include "corner lot", but the road-access field lists only a 4.0 m public road on the east side. Whether the lot is a corner lot facing roads on two sides has not been confirmed.
- There is currently a building on the site, and handover is specified as April 2027 (negotiable). This contradicts the "vacant lot" tag, and the timing and cost-sharing of demolishing the existing building cannot be read from the listing.
- There is no photo of the lot itself, so the level differences and any earth-retaining structures at the west, north and south boundaries have not been confirmed.
- Because of the building condition, the name of the builder, the price of the house and the period until the construction contract must be signed need to be confirmed with the agent.
※ 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
A single building lot in Mukodaicho 1-chome, Nishitokyo. The nearest station is Tanashi on the Seibu Shinjuku Line, a 16-minute walk; Musashi-Sakai Station on the Seibu Tamagawa Line is a 23-minute walk. The area is a Category 1 low-rise exclusive residential zone (building coverage ratio 40%, floor area ratio 80%), and according to the listing's nearby-facilities section, Nishitokyo Municipal Tanashi No. 4 Junior High School is 540 m away and Nishitokyo Municipal Yagisawa Elementary School is 670 m away. Among the nearby places below, the distances for Big-A and Sun Drug are taken from the listing's nearby-facilities section; the others are straight-line distances from the centroid of Mukodaicho 1-chome (OpenStreetMap), not from the property itself.
⚠️ This land is sold with a building condition: the purchase presupposes a construction contract with a builder designated by the seller. The price of ¥29.8 million (¥921,900 per tsubo) is for the land only and does not include the cost of the house. The listing shows a planned 3LDK house with a fixed-stair loft of over 10 jo and a living room of over 19 jo, with a dishwasher, bathroom dryer and other fittings. The land is 106.87 m² (32.32 tsubo) of freehold residential land with no private-road burden. It faces a 4.0 m public road on the east side, and a setback of 0.52 m² is required. ⚠️ There is currently a building on the site, and handover is specified as April 2027 (negotiable). The listing's feature tags also include "no building condition", "vacant lot" and "corner lot", but these contradict the conditions field ("building condition attached"), the current-status field ("building present") and the road-access field, which lists only the east side, so we have followed the fields.
We used ¥265,000/m², the most common value on the local streets of Mukodaicho 1-chome (FY2026 route price map, leasehold ratio D), as the representative route price. The same street rose from ¥245,000 in 2024 to ¥255,000 in 2025 and ¥265,000/m² in 2026, about 8.2% over two years. Assessed on the effective lot of 106.35 m² after deducting the 0.52 m² setback, the assessed ratio is about 94.6%; without the deduction (106.87 m²) it would be about 95.0%. The listing gives no lot number or map coordinates, so the location can only be narrowed down to the chome, but even the lowest band in the chome, ¥245,000/m², gives about 87.4%. The assessment covers the land only.
The only on-site photos are two of the front road. The 4 m public road is flat, and the houses, gates and block walls on both sides sit at road level; no retaining walls or steps up from the road are visible. There is no photo of the lot itself, so the level differences at the west, north and south boundaries have not been checked. GSI elevation data show a difference of about 3 m (a gradient of about 0.6%) across an area roughly 550 m square, i.e. flat ground on the Musashino Plateau. The terms of the building condition (builder, building price and the period until the construction contract), the handling of the existing building, and whether the lot is a corner lot need to be confirmed with the agent.
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.
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