Two and Half Plots of Land with 11 Shops, Shagari Estate

Two and Half Plots of Land with 11 Shops, Shagari Estate - 1
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Price Analysis Fair Price

Based on 488 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Certificate of Occupancy
Address
Shagari Federal estate
Property Use
Mixed
Square meters
1,500 sqm
Type of Purchase
Outright Price

Two and Half Plots of Land with 11 Shops, Shagari Estate Highlights

  • Prime Location Potential: Mixed-use land offers flexibility for residential, commercial, or a combination of both. This type of property is often sought after for its adaptability to various development needs.
  • Generous Land Size: A plot of 1500 square meters provides substantial space for building, landscaping, or future expansion. This size is suitable for a variety of projects, from single-family homes to small commercial ventures.
  • Secure Land Title: A Certificate of Occupancy (C of O) is a vital document that grants the holder the right to occupy and use a parcel of land for a specified term. It signifies a legally recognized claim to the property.
  • Outright Purchase Advantage: Purchasing land outright means you own the property fully and immediately, without the complexities of financing or installment plans. This offers clear ownership and control.
  • Developing Neighbourhoods: Areas designated for mixed-use development often indicate a growing community with potential for increased infrastructure and amenities over time. This can lead to appreciation in property value.

Description

• Two and a half plots of land totaling 1500 sqm, facing BH Street and Cacatin Road. • Features eleven (11) shops, each with its own prepaid electricity meter. • Ideal for mixed-use development: commercial ventures like event centers, hotels, schools, or residential buildings. • Located in Shagari Estate, a well-established area with good accessibility. • Property has a Certificate of Occupancy (C of O). • Suitable for outright purchase with a clear title. • Offers significant potential for rental income and capital appreciation.

Compare

Two and Half Plots of Land with 11 Shops, Shagari EstateThis item
Two and Half Plots of Land with 11 Shops, Shagari Estate
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TypeMixed-use LandMixed-use LandCommercial Land
TitleCertificate of OccupancyCertificate of OccupancyDeed of Assignment
AddressShagari Federal estateChevron LekkiOdongunyan Ikorodu Lagos
Property UseMixedMixedCommercial
Square meters1,500 sqm324 sqm3,000 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 280,000,000₦ 200,000,000₦ 200,000,000