TokyoInvestor
Land in Shinjuku
View photos
Photo 1
Photo 2
Photo 3
freehold
Nishi-3, Shinjuku Ward, Tokyo

Land in Shinjuku

$1,154,839
Ward
Shinjuku
Title
Freehold
Structure
N/A
Nearest Station
Takadanobaba Station — 9 min walk
STR Eligibility
365 DaysSimple Accommodation License Required
Full year operation requires a 簡易宿所 (Simple Accommodation) or hotel license. More complex to obtain than Minpaku.
Land:91.79
Rebuilding:Permitted

Property Intelligence

Updated Today

Fair Value EstimateEstimated from MLIT historical transaction data using ward-level medians, adjusted for building age, floor position, and ownership type.

$251,613

Range: $200,000$303,226

Listed Price

$1.15M

359.0% Above Fair Value
Good ValueAbove MarketOverpriced

70

Confidence /100

134

Comps Used

High

Data Quality

Market Rank

Compares this listing's price per m² against recent MLIT transactions in Shinjuku. Top 25% means priced more competitively than 75% of comparable ward listings.

Top 95%

vs Shinjuku listings

Flexibility

Seller flexibility score based on days on market, price history, and market conditions. High = stronger negotiation position for the buyer.

Low

Only 0 days on market — fresh listing with limited negotiation pressure.

Fair Value Range

±20% band around the MLIT-derived fair value estimate for Shinjuku ward. Properties within this range are considered fairly priced. The band reflects realistic appraisal uncertainty.

$200,000$303,226

Based on MLIT comparables in Shinjuku ward

High Confidence

Data Quality

Scored on completeness of listing data: size, year built, ward, land area, floor level. 80+ = reliable estimate. Below 60 = directional guide only.
High Confidence

Based on MLIT historical transaction data and comparable sales across Tokyo wards

134 comparables used

70/100

Land Economics

Price per m² of building floor area. Compared against the MLIT median for this ward. A negative badge means this property is priced below the ward median — a buyer advantage.

This listing

$23,097/m²

Shinjuku median

$6,774/m²

vs median

+241.0%

Structure Value

Building replacement cost per m², depreciated by age. Compared to the area median. Helps identify if the building component is overpriced relative to comparable stock.

Building /m²

$645/m²

Area median

$0/m²

vs median

+9999900.0%

Comparable Intelligence

Top 6 matches of 33 found

Updated Today
2LDK House in Shinjuku
67% MatchACTIVE

$1,063,226

$1,063,226

2.1 km
2LDK
104.51m²
2024
Land: 108.74
View Property Details
3LDK House in Shinjuku
66% MatchACTIVE

$1,161,290

$1,161,290

1.7 km
3LDK
150.14m²
2001
Land: 102.15
View Property Details
3LDK House in Shinjuku
64% MatchACTIVE

$1,116,129

$1,116,129

1.3 km
3LDK
129.37m²
1996
Land: 55.03
View Property Details
3LDK House in Shinjuku
62% MatchACTIVE

$1,212,903

$1,212,903

1.5 km
3LDK
112.67m²
2006
Land: 66.19
View Property Details
1LDK House in Meguro
62% MatchACTIVE

$1,154,839

$1,154,839

4.7 km
1LDK
130.19m²
2019
Land: 88.47
View Property Details
2LDK House in Shinjuku
61% MatchACTIVE

$998,710

$998,710

1.9 km
2LDK
91.94m²
2015
Land: 107.09
View Property Details

0 Price Drops

Price Drops

1005 New Listings

Last 30 Days

Medium Data · 33 Comps

Data

About This Property

A 91.79 m² freehold land plot in Shinjuku, Tokyo. Located 9 min walk from Takadanobaba Station. Rebuilding is permitted, making this suitable for custom home construction or development. Freehold title provides full land ownership rights with no ground lease obligations. An attractive option for investors seeking a Tokyo land-banking position or buyers planning a custom-built residence in an established Shinjuku neighbourhood.

Area Guide · Shinjuku

Shinjuku ward is one of Tokyo's established residential and commercial precincts, offering a blend of urban convenience and neighbourhood character. Excellent transport links connect residents to central Tokyo and key business districts, supporting consistent rental demand from both domestic and expatriate tenants. The area's infrastructure, amenities, and ongoing development pipeline continue to underpin property values for foreign investors seeking Tokyo exposure.

Price History1,000 live listings
$1.15M
¥1.79億
Property Events
Jun 1, 2026
For Sale
$1.15M
Listed

All-In Cost Calculator

List Price$1,154,839
Acquisition Tax (~3%)$34,645
Registration Fee (~2%)$23,097
Agent Fee (~3.3%)$38,110
Total All-In$1,250,690

Rental Yield Estimator

Gross Yield4.83%
Annual Rent$55,742
Monthly HOA$0/mo
Active$1,154,839¥1.79億
Lifespan: 1 day
First seen: Jun 1, 2026Last seen: Jun 1, 2026