◍ Nerima Ward, Tokyo
Land in Nerima
$303,161
✓ Freehold✓ Rebuildable
PULSE SCORE
37/100
Caution
VS FAIR VALUE
-54%
Below estimate
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$2,176/m²
-54% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$655,577
$557,240–$753,913
LISTED PRICE
$303,161
-54% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · LAND
How it scores
● Caution · 37/100
Land Price per m² vs Ward Median4/25
$2,249/m²/buildable m² — near Nerima benchmark $2,103/m² ✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-47% 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 Size10/15
139.31m² — good buildable plot ✓
Zone & Development Grade2/15
Low-rise exclusive — most restrictive
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
139.31 m²
LAYOUT
—
BUILT
—
STRUCTURE
—
TITLE
Freehold
🚉 Oizumi-Gakuen Station
About this property
✦ AI summaryA 139.31 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 81%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$2,176/m²-54%
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
$296,774
135m² · Q4 2024
MLIT Sale83%SOLD
$322,581
135m² · Q3 2024
MLIT Sale82%SOLD
$309,677
150m² · Q1 2024
65%$353,548
2DK · 50.15m²
アルテシモ クレルトルテ 10階
Koto
$301,935
26.43m²
パール上池袋 3階
Toshima
$303,097
41.8m²
61%$322,516
3LDK · 83.63m²
61%$322,516
4LDK · 90.26m²
61%$322,516
3LDK · 83.63m²
ALL-IN COST
List Price$303,161
Acquisition Tax (~3%)$9,095
Registration (~2%)$6,063
Agent Fee (~3.3%)$10,004
Total All-in$328,324
RENTAL YIELD ESTIMATOR
Gross Yield4.85%
Annual Rent$14,710
$303,161
● Caution · 37/100
Freehold1 / 3Nerima Ward, Tokyo
Land in Nerima
LISTED PRICE
$303,161
$2,176/m² land
VS FAIR VALUEBelow Market
-54%
Below estimate· Est. $655,577
PULSE SCORE
37/100
Caution
EST. GROSS YIELD
—
Gross, est.
LAND VALUE
$2,176/m²
-54% vs ward
About This Property
AI-generated summaryA 139.31 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
$655,577
Range $557,240 – $753,913
LISTED PRICE
$303,161
-54% 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
Caution · 37/100
Caution <50Consider 50–69Strong 70+
Land Price per m² vs Ward Median4/25
$2,249/m²/buildable m² — near Nerima benchmark $2,103/m² ✗ (zoned FAR — road width unverified)
Price vs MLIT Fair Value+3 pts
-47% 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 Size10/15
139.31m² — good buildable plot ✓
Zone & Development Grade2/15
Low-rise exclusive — most restrictive
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 81%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$2,176/m²-54%
Nerima median $4,706/m²
STRUCTURE VALUE
—Land play
Depreciated — land-value play
COMPARABLE PROPERTIES
Top 9 of 40 matches· incl. 3 MLIT sold
MLIT Recorded Sale87% MatchSOLD
$296,774
$296,774 · ¥34.1万/m²
石神井台
—
135m²
—
MLIT verified · Q4 2024
MLIT Recorded Sale83% MatchSOLD
$322,581
$322,581 · ¥37.0万/m²
西大泉
—
135m²
—
MLIT verified · Q3 2024
MLIT Recorded Sale82% MatchSOLD
$309,677
$309,677 · ¥32.0万/m²
南大泉
—
150m²
—
MLIT verified · Q1 2024
65% MatchACTIVEアルテシモ クレルトルテ 10階
Koto
パール上池袋 3階
Toshima
61% MatchACTIVE61% MatchACTIVE61% MatchACTIVE9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
Medium · 40
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.