◍ Nerima Ward, Tokyo
Land in Nerima
$638,710
✓ Freehold✓ Rebuildable
PULSE SCORE
74/100
Strong
VS FAIR VALUE
-53%
Below estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$2,209/m²
-53% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$1,360,847
$1,156,720–$1,564,975
LISTED PRICE
$638,710
-53% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Strong · 74/100
Land Price per m² vs Ward Median25/25
$761/m²/buildable m² — 64% below Nerima benchmark $2,103/m² ✓✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-46% below MLIT fair value — genuine discount ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity0/15
Walk time to station unknown
Land Size15/15
289.18m² — strong development potential ✓
Zone & Development Grade13/15
Neighbourhood commercial — broad development options ✓
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
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Start free trial →PROPERTY FACTS
FLOOR
—
LAND
289.18 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Oizumi-Gakuen Station
About this property
✦ AI summaryA 289.18 m² freehold land plot in Nerima, Tokyo. Located close to Oizumi-Gakuen 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 Nerima neighbourhood.
WARD MARKET CONTEXT
MARKET RANK
Top 95%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$2,209/m²-53%
Median $4,706/m²
STRUCTURE
—Land play
Land-value play
Area Guide · Nerima
✦ AI summaryNerima ward offers spacious homes at accessible price points along the Seibu Ikebukuro and Toei Oedo lines. Its suburban character, large plots, and manga/animation heritage attract families and creative professionals seeking more space than central wards can offer.
COMPARABLES
Similar nearby
MLIT Sale86%SOLD
$619,355
280m² · Q3 2023
MLIT Sale74%SOLD
$709,677
310m² · Q3 2023
MLIT Sale72%SOLD
$638,710
220m² · Q4 2024
66%$643,871
4LDK · 163.96m²
61%$645,161
2DK · 42.06m²
61%$643,871
1LDK · 91.77m²
61%$676,129
3LDK · 97.5m²
フィールM西新宿 9階
Shinjuku
$630,968
65.62m²
フィールM西新宿 9階
Shinjuku
$645,032
65.62m²
ALL-IN COST
List Price$638,710
Acquisition Tax (~3%)$19,161
Registration (~2%)$12,774
Agent Fee (~3.3%)$21,077
Total All-in$691,723
RENTAL YIELD ESTIMATOR
Gross Yield4.85%
Annual Rent$30,968
$638,710
● Strong · 74/100
Freehold1 / 3Nerima Ward, Tokyo
Land in Nerima
LISTED PRICE
$638,710
$2,209/m² land
VS FAIR VALUEBelow Market
-53%
Below estimate· Est. $1,360,847
PULSE SCORE
74/100
Strong
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$2,209/m²
-53% vs ward
About This Property
AI-generated summaryA 289.18 m² freehold land plot in Nerima, Tokyo. Located close to Oizumi-Gakuen 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 Nerima neighbourhood.
Area Guide · Nerima
AI-generated summaryNerima ward offers spacious homes at accessible price points along the Seibu Ikebukuro and Toei Oedo lines. Its suburban character, large plots, and manga/animation heritage attract families and creative professionals seeking more space than central wards can offer.
VALUATION · MLIT MARKET DATA
Is this a good deal?
FAIR VALUE ESTIMATE
$1,360,847
Range $1,156,720 – $1,564,975
LISTED PRICE
$638,710
-53% below fair value
BELOW MARKETFAIRABOVE MARKET
2967
COMPS USED
$4,706/m²
WARD MEDIAN
MLIT
DATA SOURCE
High
CONFIDENCE
PULSE SCORE · LAND
How it scores
Strong · 74/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median25/25
$761/m²/buildable m² — 64% below Nerima benchmark $2,103/m² ✓✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-46% below MLIT fair value — genuine discount ✓
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity0/15
Walk time to station unknown
Land Size15/15
289.18m² — strong development potential ✓
Zone & Development Grade13/15
Neighbourhood commercial — broad development options ✓
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
Unlock yield estimates, STR guidance and full breakdown on Investor plan
Start free trial →This score is algorithmic and does not constitute investment advice. Full methodology →
PROPERTY INTELLIGENCE
Ward market context
MARKET RANK
Top 95%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$2,209/m²-53%
Nerima median $4,706/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 47 matches· incl. 3 MLIT sold
MLIT Recorded Sale86% MatchSOLD
$619,355
$619,355 · ¥34.3万/m²
西大泉
—
280m²
—
MLIT verified · Q3 2023
MLIT Recorded Sale74% MatchSOLD
$709,677
$709,677 · ¥35.5万/m²
春日町
—
310m²
—
MLIT verified · Q3 2023
MLIT Recorded Sale72% MatchSOLD
$638,710
$638,710 · ¥45.0万/m²
立野町
—
220m²
—
MLIT verified · Q4 2024
66% MatchACTIVE61% MatchACTIVE61% MatchACTIVE61% MatchACTIVEフィールM西新宿 9階
Shinjuku
フィールM西新宿 9階
Shinjuku
9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 47
Data
TokyoInvestor aggregates public listings and provides research estimates. Verify all details with licensed real estate professionals before purchasing. STR eligibility reflects ward-level guidance only — confirm with building management. Valuation scores are algorithmic estimates, not appraisals.