◍ Nerima Ward, Tokyo
Land in Nerima
$289,032
✓ Freehold✓ Rebuildable
PULSE SCORE
30/100
Caution
VS FAIR VALUE
+24%
Above estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,848/m²
+24% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$232,565
$197,680–$267,449
LISTED PRICE
$289,032
+24% above
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Caution · 30/100
Land Price per m² vs Ward Median0/25
$3,022/m²/buildable m² — 44% above Nerima benchmark $2,103/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-6 pts
+44% above MLIT fair value ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity12/15
7-min walk to station — good access ✓
Land Size0/15
49.42m² — small plot, limited development ✗
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
49.42 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Nakamurashi Station · 7 min walk
About this property
✦ AI summaryA 49.42 m² freehold land plot in Nerima, Tokyo. Located 7 min walk from Nakamurashi 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 77%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$5,848/m²+24%
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 Sale87%SOLD
$277,419
50m² · Q2 2023
MLIT Sale77%SOLD
$277,419
55m² · Q3 2023
MLIT Sale73%SOLD
$238,710
50m² · Q2 2023
64%$237,419
2DK · 58.32m²
63%$276,129
3LDK · 90.72m²
60%$295,484
2DK · 46.16m²
60%$353,548
2DK · 50.15m²
60%$295,484
3DK · 81.52m²
アルテシモ クレルトルテ 10階
Koto
$282,581
26.43m²
ALL-IN COST
List Price$289,032
Acquisition Tax (~3%)$8,671
Registration (~2%)$5,781
Agent Fee (~3.3%)$9,538
Total All-in$313,022
RENTAL YIELD ESTIMATOR
Gross Yield4.82%
Annual Rent$13,935
$289,032
● Caution · 30/100
Freehold1 / 3Nerima Ward, Tokyo
Land in Nerima
LISTED PRICE
$289,032
$5,848/m² land
VS FAIR VALUEOverpriced
+24%
Above estimate· Est. $232,565
PULSE SCORE
30/100
Caution
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$5,848/m²
+24% vs ward
About This Property
AI-generated summaryA 49.42 m² freehold land plot in Nerima, Tokyo. Located 7 min walk from Nakamurashi 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
$232,565
Range $197,680 – $267,449
LISTED PRICE
$289,032
+24% 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
Caution · 30/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median0/25
$3,022/m²/buildable m² — 44% above Nerima benchmark $2,103/m² ✗✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value-6 pts
+44% above MLIT fair value ✗
Rebuild Permission8/20
Rebuild status unverified (SUUMO) — treated as neutral; confirm with agent ⚠
Station Proximity12/15
7-min walk to station — good access ✓
Land Size0/15
49.42m² — small plot, limited development ✗
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 77%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$5,848/m²+24%
Nerima median $4,706/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 37 matches· incl. 3 MLIT sold
MLIT Recorded Sale87% MatchSOLD
$277,419
$277,419 · ¥86.0万/m²
豊玉北
—
50m²
—
MLIT verified · Q2 2023
MLIT Recorded Sale77% MatchSOLD
$277,419
$277,419 · ¥78.2万/m²
練馬
—
55m²
—
MLIT verified · Q3 2023
MLIT Recorded Sale73% MatchSOLD
$238,710
$238,710 · ¥74.0万/m²
小竹町
—
50m²
—
MLIT verified · Q2 2023
64% MatchACTIVE63% MatchACTIVE60% MatchACTIVE60% MatchACTIVE60% MatchACTIVEアルテシモ クレルトルテ 10階
Koto
9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 37
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.