Akowonjo, Alimosho, Lagos
₦500,000,000
| Property Ref: 3175354 | Added On: 29 Oct 2025 | Last Updated: 06 Nov 2025 |
| Market Status: Available | Type: Land | Total Area: 1,820 sqm |
FOR SALE- WATCH VIDEO ABOVE
Prime Commercial Land ---
1,820 sqm (approx. 0.45 acre) ---
Major Road Frontage, Akowonjo, Lagos
Price: N500,000,000 (Five Hundred Million Naira) --- NET (Not negotiable)
Key facts
- Property type: Vacant land for commercial use
- Size: 1,820 sqm (three contiguous plots) --- approx. 0.45 acre
- Location: Akowonjo, Lagos
- Frontage: Facing a major road --- high visibility and access
- Permitted use: Commercial purposes only
- Title: Certificate of Occupancy (C of O)
- Asking price: N500,000,000 (net --- not negotiable)
Property description
Premium commercial parcel comprising three contiguous plots totaling 1,820 sqm in Akowonjo, Lagos. The site directly faces a major road, making it ideal for commercial developments such as retail complexes, office buildings, showrooms, or mixed-use projects that require high exposure and footfall. The land is registered with a valid C of O and is offered for sale as a net price to the seller (non-negotiable).
Selling points
- Major road frontage --- excellent visibility and customer access
- sizeable single parcel (1,820 sqm) suitable for medium- to large-scale commercial development
- Clear title: C of O
- Located in a busy and growing commercial corridor of Akowonjo
Condition, utilities & other
- Land state: Vacant (please confirm if cleared or if any structures/encumbrances exist)
- Utilities: Buyer to verify availability/connectivity of electricity, water, drainage and telecoms
- Access: Direct frontage to a tarred major road (confirm exact access points)
- Zoning: Commercial use only --- buyer should confirm permitted uses with local authority
Price & terms
- Asking price: N500,000,000 (net to seller; not negotiable)
- Payment terms: (please specify acceptable payment methods --- e.g., bank transfer, verified funds --- and timelines)
- Transfer: Sale subject to title verification, agreed payment terms and standard legal conveyancing processes
Due diligence recommendations
- Verify authenticity of the C of O with the Land Registry
- Obtain an up-to-date survey/site plan and confirm boundaries
- Confirm commercial zoning and permitted uses with the local planning authority
- Check for any encumbrances or liens on the title
- Advise prospective buyers to engage solicitors and licensed surveyors before payment
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES
Note: Referrals & Third Party Agents: 2.5% Comm
Ref: Efosa
