Prime Commercial Land on Ugbor/Amagba Tarred Road

Prime Commercial Land on Ugbor/Amagba Tarred Road - 1
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Price Analysis Fair Price

Based on 1269 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Address
Ugbor/Amagba Tarred Road
Property Use
Mixed
Square meters
1,393 sqm
Type of Purchase
Outright Price

Prime Commercial Land on Ugbor/Amagba Tarred Road Highlights

  • Prime Location & Accessibility: Properties situated on major tarred roads often benefit from excellent accessibility and high visibility. This location is likely to be well-connected to key areas and amenities.
  • Mixed-Use Zoning Potential: Mixed-use land allows for a variety of development options, combining residential, commercial, or even light industrial purposes. This offers flexibility for investors and developers.
  • Generous Plot Size: A plot of this size provides ample space for various development projects, from single buildings to multiple units or expansive commercial ventures. It allows for thoughtful design and landscaping.
  • Outright Purchase Convenience: An outright purchase typically means full ownership without ongoing mortgage obligations. This simplifies the transaction and provides immediate control over the property.
  • Infrastructure Considerations: When considering land, it's important to assess existing or potential access to utilities like water, electricity, and sewage. Proximity to established infrastructure can significantly impact development costs and timelines.

Description

• Prime 1393 sqm (100ft x 150ft) commercial plot with irregular shape. • Directly accessible from the well-maintained Ugbor/Amagba Tarred Road. • Ideal for development of a hotel, event center, hospital, or shopping mall. • Located in Benin City, offering significant development potential. • Title document: Certificate of Occupancy (CofO). • Zoning permits mixed-use development, offering flexibility for investors. • Flat topography ensures ease of construction and development.

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TypeMixed-use LandMixed-use LandMixed-use Land
AddressUgbor/Amagba Tarred RoadUshafeGani Animashaun Street, Shasha Akowonjo
Property UseMixedMixedMixed
Square meters1,393 sqm3,000 sqm300 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 100,000,000₦ 85,000,000₦ 80,000,000