1.5 Acres Commercial Land for Sale, Okota, Lagos

1.5 Acres Commercial Land for Sale, Okota, Lagos - 1
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Price Analysis Above Market

Based on 1961 similar listings

Market Demand

High Demand

Details

Type
Commercial Land
Title
Certificate of Occupancy
Address
Okota, Isolo, Lagos
Property Use
Commercial
Square meters
5,800 sqm
Type of Purchase
Outright Price

1.5 Acres Commercial Land for Sale, Okota, Lagos Highlights

  • Prime Commercial Location: Commercial land is typically situated in areas zoned for business activities, offering high visibility and accessibility for customers and employees. These locations often benefit from existing infrastructure and proximity to other commercial establishments.
  • Certificate of Occupancy (C of O): A Certificate of Occupancy is a legal document issued by the government that grants the holder the right to use and occupy a property. It signifies that the land has been surveyed and approved for development according to zoning laws.
  • Generous Land Size: A substantial land area provides ample space for various commercial developments, such as retail complexes, office buildings, or mixed-use projects. This allows for flexible design and potential for future expansion.
  • Outright Purchase Option: An outright purchase means you acquire full ownership of the land without any ongoing payment obligations or financing contingencies. This offers immediate control and the freedom to develop the property as desired.
  • Potential for High Traffic Flow: Areas designated for commercial use, especially in established districts like Okota, Isolo, often experience significant foot and vehicular traffic. This can be advantageous for businesses relying on customer accessibility and visibility.

Description

• 1.5 acres (approximately 9 plots) of prime commercial land available. • Directly situated on a busy road in Okota, Isolo, Lagos, offering high visibility. • Suitable for large-scale commercial development, such as a mega shopping mall. • Title document: Certificate of Occupancy (CofO). • Located in an area with established retail presence (e.g., Jendo Supermarket, Justrite, Twinsfaja). • Excellent potential for high foot traffic and customer accessibility.

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TypeCommercial LandResidential LandCommercial Land
TitleCertificate of Occupancy——
AddressOkota, Isolo, LagosJahi by cash and carryLife camp
Property UseCommercialResidentialCommercial
Square meters5,800 sqm2,100 sqm10,370 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 1,300,000,000₦ 1,000,000,000₦ 1,500,000,000