[Assessed 95.5%] Land in Suginami Ward, Tokyo — 13 min from Shin-koenji Sta.
Property Overview
| Location | Suginami Ward, Tokyo |
| Nearest Station | Tokyo Metro Marunouchi Line Shin-koenji Sta. |
| Walk | 13 min walk |
| Assessed Ratio | 95.5%Assessed 95.5% |
| Price | ¥13,800,000 |
| Type | Land |
| Land Area | 28.66㎡ |
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 | ¥13,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥13,180,800 |
| Building assessed value | - |
| Total assessed value | ¥13,180,800 |
| Asking price | ¥13,800,000 |
| Assessed ratio | 95.5% |
Calculation basis
- Land assessed value was entered manually by the operator.
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +17.1%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 410,000 | — |
| 2025 | 440,000 | +7.3% |
| 2026 | 480,000 | +9.1% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
We counted the block roads of Horinouchi 2-chome across three sheets of the 2026 road price maps, estimated the setback from the front road, and checked the two listing photos and the minimum lot area set in Tokyo's zoning plan.
What We Could Not Confirm
- The 28.66 m² lot falls below the 80 m² minimum lot area. Whether it is exempt as a lot that existed before the minimum was set needs to be confirmed with Suginami Ward; if not, a building may not be allowed on this lot alone.
- The type of the 3.0 m front road, whether a setback is needed, and the setback area are not listed (the setback field is "-"). Our valuation treats it as an Article 42(2) road and deducts about 1.20 m². This needs to be confirmed with the ward.
- Only electricity is listed under utilities; whether water, sewerage, and gas are connected, and the cost of connecting them, have not been confirmed.
- The lot number is not disclosed, so the road price of the road the site fronts is not confirmed. The bands around the listing's map location are 440,000–460,000 yen/m² (about 87.6–91.5%), but on the 400,000 yen/m² band in the chome the ratio would be about 79.6%. The narrow front road may also have no road price assigned.
- The storehouse is sold as is, and its removal cost is not included in the price or the valuation. The northwest (rear) boundary is hidden behind the storehouse in the photo, so the height difference there has not been checked.
※ 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 lot for sale in Horinouchi 2-chome, Suginami Ward, Tokyo. ⚠️ The land is 28.66 m² (about 8.66 tsubo), a narrow strip with a frontage of about 2.4 m and a depth of about 12 m. With a 40% building coverage ratio and 80% floor area ratio, the building footprint is limited to about 11 m² and the total floor area to about 23 m², so only a very small building can be built. ⚠️ In addition, Tokyo's zoning plan sets a minimum lot area of 80 m² for this zone (Category 1 Low-rise Exclusive Residential, 40% coverage, 80% floor area ratio), and this lot falls below it. Lots that existed before the minimum was set may be exempt, but whether this lot qualifies needs to be confirmed with Suginami Ward; if it does not, a building may not be allowed on this lot alone.
It is in a residential area a 13-minute walk from Shin-koenji Station on the Tokyo Metro Marunouchi Line. From the center of Horinouchi 2-chome, 7-Eleven Suginami Horinouchi 2-chome is about 240 m in a straight line, and Summit Myohoji-mae and FamilyMart Suginami Horinouchi 3-chome are about 370 m. For dining, Sakae Sushi is about 340 m and Tsukiji Nihonkai Honancho about 600 m away (all straight-line distances from the chome center, based on OpenStreetMap).
The land is 28.66 m² (registered), freehold, registered as residential land and flat. The listing calls it a warehouse lot; there is currently a shed-sized storehouse and some plants on the site, and it is sold as is. It fronts a 3.0 m public road on the southeast for 2.4 m. ⚠️ The setback field in the listing is "-", but because the road is narrower than 4 m, a setback to 2 m from the road center is expected to be required. ⚠️ Only electricity is listed under utilities; water, sewerage, and gas are not mentioned. In the listing photo, the step from the road is a brick curb of about 10–15 cm, with no retaining wall or stair access visible. The only remark is that the judicial scrivener is designated by the agent. The price is 13.8 million yen.
For the road price, we counted the block roads of Horinouchi 2-chome on the 2026 road price maps (sheets 42033, 42034, and 42042; leasehold ratio D) and used 480,000 yen/m², the lower of the two most common bands, as the representative value. The same road was 410,000 yen in 2024 and 440,000 yen in 2025, up about 17.1% over two years. After deducting the setback, estimated at about 1.20 m², we valued 27.46 m², giving an assessed ratio of about 95.5% (about 99.7% without the deduction). ⚠️ However, the bands around the listing's map location are 440,000–460,000 yen/m², which would give about 87.6–91.5%. If the site were on the lowest band in the chome, 400,000 yen/m², it would be about 79.6%. The 3.0 m front road may also have no road price assigned.
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.
![[Assessed 91.3%] Land in Akishima, Tokyo — 17 min from Nakagami Sta.](https://img01.suumo.com/front/gazo/bukken/030/N010000/img/749/21904749/21904749_0001.jpg)
![[Assessed 86.1%] Land in Higashiyamato, Tokyo — 18 min from Musashi-Yamato Sta.](https://img01.suumo.com/front/gazo/bukken/030/N010000/img/099/20721099/20721099_0002.jpg)