Land for Sale in Sumida, Tokyo: A Prime Development Opportunity
This land parcel, located in the Yahiro 1-chome district of Tokyo's Sumida Ward, presents a significant opportunity for residential or commercial development. The property spans a generous 162.22 square meters (approximately 49.07 tsubo), offering ample space for construction within a well-connected urban area. The site is conveniently accessible, being just a 7-minute walk from Keisei Hikifune Station on the Keisei Oshiage Line and a 12-minute walk from Hikifune Station on the Tobu Isesaki and Daishi Lines.
Critical details from the agent notes provide essential information for potential developers. The property's road access situation is detailed as follows: it fronts a single road to the north, which is a private road with a width of 3.7 meters. The property's frontage along this private road is 8.1 meters, and it does not have a designated position. Furthermore, the remarks specify important land characteristics: a setback area of 1.17 square meters is required. The land is flat, and a separate passageway section of 25.83 square meters exists on part of the site. The land rights are a leasehold (old law) with a remaining lease period of 13 years and 2 months, expiring in April 2039, and a monthly ground rent of 36,600 yen.
The land is zoned as a Quasi-Industrial District within the Urbanization Promotion Area, with a building-to-land ratio of 80% and a floor area ratio of 200%. There are no specific building conditions, making it a blank canvas for a new build. The current state of the land includes an old house, and the transfer of possession is negotiable.
The surrounding Sumida Ward area is rich in culture and history, famously home to the Tokyo Skytree, one of the world's tallest towers and a major global landmark offering panoramic views of the metropolis. This vibrant district blends traditional shitamachi (downtown) atmosphere with modern attractions, providing a dynamic setting for a new development.
