Kagura's View
At JPY 1,029,740/m², the ask is 98% above the JPY 519,091/m² median of 10 matched MLIT closed entire building sales in the surrounding district. On this building-area measure, the property looks very expensive.
Projected gross income of JPY 450,000 a month is 1.23× the JPY 366,809 payment illustration, leaving JPY 83,191 before tax and all operating costs. The 2024-completed 116.34 m² building does not leave much room for full-price leverage. The recorded road width is approximately 4.5 m.