Land for Sale in Sumida, Tokyo with Partial Leasehold
This land parcel, located in the Sumida 5-chome area of Tokyo, presents a development opportunity in a well-connected urban setting. The total land area is 101.57 square meters (approximately 30.72 tsubo), with a price of 43.8 million yen. The property is situated within an 8-minute walk from both "Kane-gafuchi" and "Horikiri" stations on the Tobu Isesaki and Daishi Lines, offering convenient access to central Tokyo.
Critical details from the agent notes are as follows. The road access situation is detailed as: one-sided road to the northeast, width 4m, public road, frontage 19.2m, no designated position. Additional remarks clarify the land conditions: The terrain is flat. Of the 101.57㎡, 35.29㎡ is leased land. The ground rent is 12,605 yen per month, under an old law leasehold right, renewing for 20 years from April 1, 2025. The building coverage ratio and floor area ratio for the neighboring commercial zone portion are the same as for the quasi-industrial zone portion.
The property is zoned as Quasi-Industrial with a building coverage ratio of 80% and a floor area ratio of 200%. The land rights are ownership for the majority, with a leasehold on a portion as noted. The land is currently vacant with an old house present, and there are no specific building conditions attached, making it a blank canvas for a new build. The handover date is negotiable.
The Sumida ward area is rich in culture and history, famously home to the Tokyo Skytree, one of the world's tallest towers, which offers breathtaking panoramic views of the metropolis. The neighborhood provides a blend of traditional shitamachi (downtown) atmosphere with modern conveniences, making it a dynamic place to live or invest.
