![[Assessed 81.8%] Land in Kawagoe, Saitama — 15 min from Kasumigaseki Sta.](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F471%2F78215471%2F78215471_0002.jpg&w=1600&h=1200)
[Assessed 81.8%] Land in Kawagoe, Saitama — 15 min from Kasumigaseki Sta.
Property Overview
| Location | Kawagoe, Saitama |
| Nearest Station | Tobu Tojo Line Kasumigaseki Sta. |
| Walk | 15 min walk |
| Assessed Ratio | 81.8%Assessed 81.8% |
| Price | ¥20,800,000 |
| Type | Land |
| Land Area | 162.08㎡ |
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.
| SUUMO | ¥20,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥17,018,400 |
| Building assessed value | - |
| Total assessed value | ¥17,018,400 |
| Asking price | ¥20,800,000 |
| Assessed ratio | 81.8% |
Calculation basis
- Land = road price ¥105,000/m² × land area 162.08m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: ±0.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 105,000 | — |
| 2025 | 105,000 | ±0.0% |
| 2026 | 105,000 | ±0.0% |
※ 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 reposting the listing as is, we checked the block roads of Kasumigaseki-kita 4-chome on the 2026 road price map and confirmed the site's shape and height differences using the on-site photos, the lot plan and elevation data.
What We Could Not Confirm
- The boundary with the neighboring land to the south (rear) does not appear in the photos, and the height difference there has only been checked with elevation data.
- The structure and age of the old house and the terms for demolition and handover are not stated in the listing. The building was valued at ¥0 and demolition costs are not included in the assessment.
- The dimensions on the lot plan and the listed frontage (7 m) appear to be unit errors. The actual frontage and side lengths need to be confirmed with a survey map.
- The front municipal road is shown as about 4.0 m wide on the lot plan, but its exact width, road classification and whether a setback is required cannot be determined from the listing. If a setback is required, the effective site area shrinks and the assessed ratio falls.
※ 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
This is a plot of land (with an old house) in Kasumigaseki-kita 4-chome, Kawagoe. It is a 15-minute walk from Kasumigaseki Station on the Tobu Tojo Line and also 15 minutes on foot from Matoba Station on the JR Kawagoe Line. The listing describes it as a lot within a former large-scale residential subdivision lined with low-rise houses. In a straight line from the map location in the listing, Ecos Tairaya is about 440 m away and Inageya Kawagoe Isehara about 580 m.
The land is a freehold 162.08 m² (about 49.02 tsubo) registered as residential land, and the lot plan shows an almost square, regular shape. It lies in a Category 1 Low-rise Exclusive Residential Zone with a 60% building coverage ratio and a 100% floor area ratio, with no building conditions attached. It faces a municipal road to the north (about 4.0 m wide on the lot plan) and carries no private road burden. Public sewerage and city gas are available, and the property can be handed over immediately. An old house currently stands on the site; its structure, year of construction and how demolition will be handled are not stated in the listing. The price is ¥20.8 million (about ¥128,000 per m² of land).
For the road price, we checked the block roads of Kasumigaseki-kita 4-chome on the 2026 road price map. All block roads within the chome are ¥105,000/m² (leasehold ratio D), so we used this as the representative value. The same ¥105,000/m² applied in 2024 and 2025, so it has been flat. Excluding the old house, the land alone gives an assessed ratio of about 81.8%.
⚠️ The gap between the land value based on road prices (about ¥17.02 million) and the price is small. If the effective site area shrinks, for example because of a setback from the front road, the assessed ratio falls accordingly (a reduction of 10 m² gives about 76.8%). The dimensions on the lot plan (about 7.0 m square) do not match the listed area and appear to be a unit error, so the actual frontage, side lengths and front road width need to be confirmed with a survey map or the city. The boundary with the neighboring land to the south (rear) does not appear in the photos, and the height difference there has only been checked with elevation data.
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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