Land

2.5 Acres of Prime Commercial and Industrial Land — Lagos-Ibadan Expressway

₦ 1,000,000,000
Bedrooms
Bathrooms
Total Area
10,117 SQM
Lot Size
Floors
Status

About this property

A rare opportunity to acquire 2.5 acres (approximately 10,117 sqm) of prime commercial and industrial land with direct frontage on the Lagos-Ibadan Expressway — one of Nigeria’s busiest and most strategically significant arterial roads, carrying in excess of 100,000 vehicles per day. The property is offered at ₦1 billion and is secured by a full Certificate of Occupancy

Why This Site Demands Attention

Expressway frontage is one of the most consistently valuable commercial land attributes in the Nigerian market. Direct visibility and access from a major national highway makes this site suitable for a wide range of high-value commercial uses — including logistics and distribution warehousing, fuel retail (filling station), fast food and drive-through franchise, showroom and motor dealership, hotel and hospitality, and mixed-use commercial development.

The Lagos-Ibadan Expressway rehabilitation and expansion programme has been upgrading the road to a 10-lane dual carriageway — a project that further increases the traffic volume and commercial value of expressway-fronting sites. Properties on this corridor have recorded consistent capital appreciation as the surrounding logistics and industrial ecosystem expands

C of O Title: This plot holds a Certificate of Occupancy — the strongest land title under Nigerian law. This provides the buyer with full legal standing, mortgage collateral eligibility, and the confidence that comes from a government-registered right of occupancy. In the commercial land market along this corridor, a clean C of O commands a meaningful premium over sites with weaker documentation.

Suitable Development Uses

Warehouse and logistics hub

Fuel retail site / filling station

Fast food franchise location

Hotel or roadside hospitality

Motor showroom or dealership

Manufacturing or light industrial

Mixed-use commercial development

 

Key Features

  • No additional features specified.