◍ Nerima Ward, Tokyo
Land in Nerima
$277,355
✓ Freehold✓ Rebuildable
PULSE SCORE
51/100
Consider
VS FAIR VALUE
+46%
Above estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$6,867/m²
+46% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$190,071
$161,560–$218,581
LISTED PRICE
$277,355
+46% above
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Consider · 51/100
Land Price per m² vs Ward Median18/25
$1,774/m²/buildable m² — 16% below Nerima benchmark $2,103/m² ✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-12 pts
+69% above MLIT fair value — overpriced ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity12/15
6-min walk to station — good access ✓
Land Size0/15
40.39m² — small plot, limited development ✗
Zone & Development Grade15/15
Commercial zone (商業地域) — hotel and mixed-use eligible ✓
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
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Start free trial →PROPERTY FACTS
FLOOR
—
LAND
40.39 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Nerima Station · 6 min walk
About this property
✦ AI summaryA 40.39 m² freehold land plot in Nerima, Tokyo. Located 6 min walk from Nerima 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 74%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$6,867/m²+46%
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 Sale72%SOLD
$277,419
55m² · Q3 2023
MLIT Sale72%SOLD
$277,419
50m² · Q2 2023
68%$237,419
2DK · 58.32m²
67%$276,129
3LDK · 90.72m²
MLIT Sale65%SOLD
$258,065
55m² · Q2 2024
62%$264,516
4DK · 112.4m²
アルテシモ クレルトルテ 10階
Koto
$282,581
26.43m²
59%$269,677
3K · 44.6m²
葛飾区水元2丁目 築浅戸建
Katsushika
$267,742
82.43m²
ALL-IN COST
List Price$277,355
Acquisition Tax (~3%)$8,321
Registration (~2%)$5,547
Agent Fee (~3.3%)$9,153
Total All-in$300,375
RENTAL YIELD ESTIMATOR
Gross Yield4.75%
Annual Rent$13,161
$277,355
● Consider · 51/100
Freehold1 / 1Nerima Ward, Tokyo
Land in Nerima
LISTED PRICE
$277,355
$6,867/m² land
VS FAIR VALUEOverpriced
+46%
Above estimate· Est. $190,071
PULSE SCORE
51/100
Consider
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$6,867/m²
+46% vs ward
About This Property
AI-generated summaryA 40.39 m² freehold land plot in Nerima, Tokyo. Located 6 min walk from Nerima 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
$190,071
Range $161,560 – $218,581
LISTED PRICE
$277,355
+46% above fair value
BELOW MARKETFAIRABOVE MARKET
2967
COMPS USED
$4,706/m²
WARD MEDIAN
MLIT
DATA SOURCE
High
CONFIDENCE
PULSE SCORE · LAND
How it scores
Consider · 51/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median18/25
$1,774/m²/buildable m² — 16% below Nerima benchmark $2,103/m² ✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-12 pts
+69% above MLIT fair value — overpriced ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity12/15
6-min walk to station — good access ✓
Land Size0/15
40.39m² — small plot, limited development ✗
Zone & Development Grade15/15
Commercial zone (商業地域) — hotel and mixed-use eligible ✓
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
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Start free trial →This score is algorithmic and does not constitute investment advice. Full methodology →
PROPERTY INTELLIGENCE
Ward market context
MARKET RANK
Top 74%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$6,867/m²+46%
Nerima median $4,706/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 39 matches· incl. 3 MLIT sold
MLIT Recorded Sale72% MatchSOLD
$277,419
$277,419 · ¥78.2万/m²
練馬
—
55m²
—
MLIT verified · Q3 2023
MLIT Recorded Sale72% MatchSOLD
$277,419
$277,419 · ¥86.0万/m²
豊玉北
—
50m²
—
MLIT verified · Q2 2023
68% MatchACTIVE67% MatchACTIVEMLIT Recorded Sale65% MatchSOLD
$258,065
$258,065 · ¥72.7万/m²
小竹町
—
55m²
—
MLIT verified · Q2 2024
62% MatchACTIVEアルテシモ クレルトルテ 10階
Koto
59% MatchACTIVE葛飾区水元2丁目 築浅戸建
Katsushika
9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 39
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.