16,000sqm Warehouse Facing Ikorodu Road, Ojota

16,000sqm Warehouse Facing Ikorodu Road, Ojota - 1
1 / 5

Price Analysis Above Market

Based on 62 similar listings

Market Demand

High Demand

Details

Address
Ikorodu Road lagos state
Condition
Fairly Used
Furnishing
Furnished
Property Type
Warehouse
Square meters
16,000 sqm
Parking Spaces
10+

16,000sqm Warehouse Facing Ikorodu Road, Ojota Highlights

  • Prime Ikorodu Road Location: Properties on Ikorodu Road benefit from high visibility and excellent connectivity. This major arterial road offers direct access to Lagos Island and other key commercial hubs, facilitating logistics and customer reach.
  • Expansive Warehouse Space: A large warehouse of this size is ideal for significant storage, manufacturing, or distribution operations. It provides ample room for inventory management, production lines, and operational workflow.
  • Generous Parking Facilities: With 10+ parking spaces, the property can accommodate a substantial number of vehicles for staff, clients, and delivery trucks. This is crucial for smooth daily operations and efficient logistics.
  • Potential for Redevelopment: Large land parcels in strategic locations like Ikorodu Road often present opportunities for future redevelopment. This could include expanding existing structures or building new facilities to meet evolving business needs.
  • Commercial Zoning Advantages: Properties zoned for commercial use, especially on major roads, are typically well-suited for a variety of business activities. This includes retail, logistics, light industrial, and service-oriented enterprises.

Description

• Large commercial warehouse situated directly on the busy Ikorodu Road in Ojota, Lagos. • Spans a significant 16,000 square meters (approximately 4 acres) of land. • Features a substantial warehouse structure suitable for various industrial or storage needs. • Prime location offers excellent visibility and accessibility for logistics and business operations. • Title document is a Certificate of Occupancy (C of O). • Property is being sold on an asking price of ₦7 billion, with terms and conditions applying.

Compare

16,000sqm Warehouse Facing Ikorodu Road, OjotaThis item
16,000sqm Warehouse Facing Ikorodu Road, Ojota
₦ 7,000,000,000
Functional Petrol Station with Plaza for Sale
Functional Petrol Station with Plaza for Sale
₦ 7,000,000,000
Commercial Property for Sale - D.L.A Road, Asaba
Commercial Property for Sale - D.L.A Road, Asaba
₦ 5,000,000,000
ConditionFairly UsedFairly UsedUncompleted Building
Property TypeWarehousePlazaShop
FurnishingFurnishedUnfurnishedUnfurnished
AddressIkorodu Road lagos stateGARKID.L.A ASABA Delta
Square meters16,000 sqm3,100 sqm1,058 sqm
Parking Spaces10+—3
Price₦ 7,000,000,000₦ 7,000,000,000₦ 5,000,000,000