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Akiya in 小山市, Tochigi
$93,918⚖️ Court auction
¥15,227,000 · minimum bid (売却基準価額) · Built 1994 (32 yrs)

⚖️ This is a court foreclosure auction — not a normal sale.

The headline figure is the court's minimum bid (売却基準価額), not an asking price. Buying at auction means paying a deposit (~20%) up front, bidding during a fixed window, often being unable to inspect inside, and sometimes inheriting existing occupants. Read the court's 3-point set (三点セット) before bidding.

How Japanese court auctions work →

店舗4区画(B-107,-109,-110,-111) Court auction property in 小山市, Tochigi

Building
868.5 m²
Size
262.7 坪
Layout
店舗4区画(B-107,-109,-110,-111)
Structure
Steel-reinforced concrete (SRC)
Address
小山市中央町三丁目2018番地3

Auction details

Minimum bid (売却基準価額)
¥15,227,000
Min. acceptable bid (買受可能価額)
¥12,181,600
Deposit (保証金)
¥3,045,400
Tenure (敷地利用権)
所有権・その他
Bidding (入札期間)
2026-07-22 → 2026-07-29
Bids opened (開札期日)
2026-08-04
Admin fee (管理費)
¥19,590/mo
Court
宇都宮地方裁判所本庁
Case (事件番号)
宇都宮地方裁判所本庁 令和07年(ケ)第48号
⚠ Occupied (占有者: あり) — removing an occupant may require a separate court delivery order.

3点セット(物件明細書・現況調査報告書・評価書)は裁判所BITサイトで入手

View on the courts' BIT auction site (3-point set) ↗

出典:不動産競売物件情報サイト(BIT)/裁判所

Location

Approximate location (street-level geocoded via 国土地理院). 小山市中央町三丁目2018番地3

Investment snapshot

An indicative long-term rental estimate — to compare listings, not an appraisal.

Est. monthly rent
¥88,000
≈ $543/mo
Est. annual rent
¥1,056,000
≈ $6,513/yr
Gross yield
6.9%
solid

Basis: ≤120m² × ¥1050/m²/mo × 0.7 age factor (Tochigi). Gross yield = annual rent ÷ (price), before tax, vacancy, and management. Regional rent rates are conservative order-of-magnitude medians (public rent surveys), not a guarantee — rural demand can be thin. Always validate locally before relying on any figure.

Hazard & due diligence

Japan has real flood, landslide, and earthquake exposure that varies street by street. Check the official government hazard maps for this exact location before buying.

Sources: 重ねるハザードマップ (国土地理院) · J-SHIS (防災科研). Always confirm with the seller and municipality.