◍ Nerima Ward, Tokyo
Land in Nerima
$250,323
✓ Freehold✓ Rebuildable
PULSE SCORE
65/100
Consider
VS FAIR VALUE
-4%
Below estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$4,512/m²
-4% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$261,082
$221,920–$300,245
LISTED PRICE
$250,323
-4% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Consider · 65/100
Land Price per m² vs Ward Median25/25
$1,554/m²/buildable m² — 26% below Nerima benchmark $2,103/m² ✓✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-2 pts
+11% above MLIT fair value
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity15/15
4-min walk to station — excellent access ✓
Land Size3/15
55.48m² — compact plot
Zone & Development Grade6/15
Residential zone — residential build only
Freehold Ownership10/10
Freehold (所有権) — full land title ✓
Unlock yield estimates, STR guidance and full breakdown on Investor plan
Start free trial →PROPERTY FACTS
FLOOR
—
LAND
55.48 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Nerima Station · 4 min walk
About this property
✦ AI summaryA 55.48 m² freehold land plot in Nerima, Tokyo. Located 4 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 67%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$4,512/m²-4%
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 Sale88%SOLD
$258,065
55m² · Q2 2024
MLIT Sale80%SOLD
$277,419
55m² · Q3 2023
77%$237,419
2DK · 58.32m²
MLIT Sale77%SOLD
$238,710
50m² · Q2 2023
61%$264,516
4DK · 112.4m²
59%$258,000
3K · 63.57m²
59%$192,258
2K · 67.04m²
RELUXIA中野鷺宮 6階
Nakano
$257,419
25.79m²
ＥＣＲＥＤＥ蒲田 5階
Ota
$256,774
25.5m²
ALL-IN COST
List Price$250,323
Acquisition Tax (~3%)$7,510
Registration (~2%)$5,006
Agent Fee (~3.3%)$8,261
Total All-in$271,099
RENTAL YIELD ESTIMATOR
Gross Yield4.95%
Annual Rent$12,387
$250,323
● Consider · 65/100
Freehold1 / 3Nerima Ward, Tokyo
Land in Nerima
LISTED PRICE
$250,323
$4,512/m² land
VS FAIR VALUE
-4%
Below estimate· Est. $261,082
PULSE SCORE
65/100
Consider
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$4,512/m²
-4% vs ward
About This Property
AI-generated summaryA 55.48 m² freehold land plot in Nerima, Tokyo. Located 4 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
$261,082
Range $221,920 – $300,245
LISTED PRICE
$250,323
-4% 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
Consider · 65/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median25/25
$1,554/m²/buildable m² — 26% below Nerima benchmark $2,103/m² ✓✓ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-2 pts
+11% above MLIT fair value
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity15/15
4-min walk to station — excellent access ✓
Land Size3/15
55.48m² — compact plot
Zone & Development Grade6/15
Residential zone — residential build only
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 67%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$4,512/m²-4%
Nerima median $4,706/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 33 matches· incl. 3 MLIT sold
MLIT Recorded Sale88% MatchSOLD
$258,065
$258,065 · ¥72.7万/m²
小竹町
—
55m²
—
MLIT verified · Q2 2024
MLIT Recorded Sale80% MatchSOLD
$277,419
$277,419 · ¥78.2万/m²
練馬
—
55m²
—
MLIT verified · Q3 2023
77% MatchACTIVEMLIT Recorded Sale77% MatchSOLD
$238,710
$238,710 · ¥74.0万/m²
小竹町
—
50m²
—
MLIT verified · Q2 2023
61% MatchACTIVE59% MatchACTIVE59% MatchACTIVERELUXIA中野鷺宮 6階
Nakano
ＥＣＲＥＤＥ蒲田 5階
Ota
9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 33
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.