Commercial Land with C of O at Majek, Sangotedo

Commercial Land with C of O at Majek, Sangotedo - 1
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Price Analysis Above Market

Based on 1050 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Certificate of Occupancy
Address
Majek, Sangotedo
Agent Fee
₦ 60,000,000
Facilities
Car Parking, Electric Supply, Rain Water Drainge
Listing by
Agent
Access Road
Paved Road
Property Use
Commercial
Square meters
4,800 sqm
Type of Purchase
Outright Price
Development Status
Partially Developed

Commercial Land with C of O at Majek, Sangotedo Highlights

  • Prime Commercial Location: Sangotedo is a rapidly developing area known for its commercial potential. Its proximity to major expressways facilitates easy access for businesses and customers.
  • Generous Land Size: A substantial plot of 4800 square meters offers ample space for various commercial developments. This size is suitable for large-scale projects or multiple business units.
  • Established Title Deed: A Certificate of Occupancy (C of O) signifies legal ownership and approved use. This provides security and simplifies the development and financing process.
  • Mixed-Use Development Potential: This land is zoned for mixed-use, allowing for a combination of commercial activities and potentially residential components. This flexibility can maximize investment returns.
  • Infrastructure Ready: The presence of paved access roads, electric supply, and rainwater drainage indicates that essential utilities are available or planned. This reduces initial development costs.
  • Partially Developed Site: A partially developed site means some groundwork or basic structures may already be in place. This can accelerate the construction timeline for new projects.

Description

• Two adjacent 4800 SQM plots in a prime commercial zone, offering significant development potential. • Strategically located off the Lekki-Epe Expressway, benefiting from high visibility and accessibility. • Proximity to key landmarks including Lufasi Park, Mega Chicken, Lagos State Food Hub, Farapark, and Crown Estate. • Situated within a secure, gated estate with interlocked roads, ensuring a controlled environment. • Ideal for commercial ventures, leveraging the area's rapid development and economic activity. • Certificate of Occupancy (C of O) provides clear legal title for investment security. • Paved access roads ensure smooth transportation of goods and services. • Utilities available include electric supply and rain water drainage.

Compare

Commercial Land with C of O at Majek, SangotedoThis item
Commercial Land with C of O at Majek, Sangotedo
₦ 600,000,000
Commercial Land for Sale - Lagos Abeokuta Express Way, Ijaiye
Commercial Land for Sale - Lagos Abeokuta Express Way, Ijaiye
₦ 500,000,000
Land for Sale at VGC, Lekki (1273 sqm)
Land for Sale at VGC, Lekki (1273 sqm)
₦ 550,000,000
TypeMixed-use LandCommercial LandMixed-use Land
FacilitiesCar Parking, Electric Supply, Rain Water DraingeCar Parking, Electric Supply, Water Supply—
TitleCertificate of OccupancyCertificate of Occupancy, Sale AgreementDeed of Assignment
AddressMajek, SangotedoIjaiye Ojokoro Lagos Abeokuta Express WayVGC Estate, Off Chrisland School Road, Lekki-Epe
Agent Fee₦ 60,000,000₦ 25,000,000—
Listing byAgentAgentAgent
Access RoadPaved RoadPaved RoadPaved Road
Property UseCommercialCommercialMixed
Square meters4,800 sqm3,600 sqm1,273 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusPartially DevelopedFully DevelopedCleared
Price₦ 600,000,000₦ 500,000,000₦ 550,000,000

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