Prime Corner Piece Commercial Parcel On 2600sqm Of Land On Main Road

Listing title
For Sale --- Prime Corner piece Commercial Parcel on Major Ogba Bus Stop --- 2,600 sqm ₦1.7B

Overview
Rare commercial landholding directly on the Major Ogba Bus Stop --- a high‑visibility, high‑footfall corner parcel ideal for retail, hospitality, healthcare or institutional use. The site measures approximately 2,600 sqm and is offered with clean title documentation. Its strategic roadside frontage and central Ogba location make it exceptionally well suited for banks, shopping malls, hotels, medical centres, plazas or mixed‑use commercial developments seeking immediate market exposure and strong customer catchment.

Property summary

- Property type: Vacant commercial land (corner/piece)
- Site area: c. 2,600 sqm
- Location: Major Ogba Bus Stop, Ogba, Lagos --- direct frontage on a busy transport node and pedestrian corridor
- Asking price: ₦1,700,000,000 (One billion, seven hundred million Naira)
- Title & documents: Good title documents available (certified copies to be provided to qualified buyers)

Key highlights & investment rationale

- Unrivalled exposure: Directly adjacent to the major bus stop ensuring constant pedestrian and vehicle traffic --- perfect for retail anchor tenants and service operators.
- Corner parcel advantage: Excellent site geometry for multiple access points, high visibility signage and flexible building layouts.
- Strong catchment: Dense residential and commercial catchment in Ogba with busy daytime population --- supports retail, banking, hospitality and healthcare demand.
- Income & capital potential: Immediate rental income opportunities (retail leases, ground‑floor retail with upper floor offices/hotel rooms) and medium‑term capital appreciation in a well‑connected neighbourhood.

Suggested uses (subject to planning)

- Shopping mall or retail plaza with anchor supermarkets and specialty stores
- Boutique or full‑service hotel / serviced apartments catering to business and visiting families
- Corporate banking branch with drive‑through options and secure vault areas
- Healthcare facility: clinic, diagnostic centre or multi‑specialty hospital
- Mixed‑use development combining retail, offices and serviced residential units
- Transport‑oriented commercial hub with kiosks, food courts and commuter services

Location & transport benefits

- Prime Ogba node: immediate access to main roads linking to Ikeja, Allen Avenue, Ojota and other Lagos commercial centres.
- High commuter throughput: Bus stop adjacency ensures constant flow of customers and exceptional footfall for retail/hospitality users.
- Visibility to passing traffic and easy access for deliveries, guests and staff.
- Proximity to corporate offices, retail parks, local markets and established residential neighbourhoods --- strong demand drivers for commercial operators.

Title & documentation

- Title: Good title documentation in place --- certified copies available for review by qualified buyers and solicitors. (Buyer to confirm exact title type: C of O / Deed of Assignment or other as required.)
- Survey: Site plan and boundary survey can be provided on request.
- Legal clarity: Seller will provide documents required for legal conveyancing and transfer; buyer's solicitor recommended for searches and verification.

Technical & planning considerations

- Confirm permissible land use, coverage and allowable storeys with Lagos State planning authority prior to finalising design.
- Verify required road setbacks, access points and service ducting for sound vehicle and pedestrian circulation.
- Utilities: confirm availability/proximity of power, water, drainage and telecoms; estimate connection and upgrade costs where applicable.
- Environmental & geotechnical checks recommended for large structures (hotel, mall or hospital) --- advise commissioning prior to final exchange.

Due diligence & recommended checks

- Buyer solicitor to verify title chain, restrictions and any encumbrances.
- Confirm exact site dimensions and coordinate boundaries with certified survey plan.
- Review local planning policy, zoning and parking requirements for intended use.
- Site inspection and feasibility study (traffic impact, footfall mapping and merchant mix analysis for retail proposals).
- Obtain preliminary cost estimates for development, servicing and statutory approvals.

Transaction process & viewings

- Viewings: By appointment only for qualified buyers --- proof of funds required before detailed documentation release and site access.
- Offers: Submit Letter of Intent (LOI) with company profile and proof of funds. Shortlisted buyers will be provided the title pack and invited for site inspection.
- Sale mechanics: Heads of Terms and sale agreement to be negotiated on receipt of acceptable offer. Standard conveyancing and transfer via solicitors.

Why act now
Large, corner commercial plots with direct bus‑stop frontage in Ogba are scarce. This is a strategic acquisition for any investor or operator seeking immediate access to a dense consumer and commuter market with multiple viable commercial end‑uses.

Disclaimer
Information provided is indicative and in good faith. Prospective buyers should carry out independent legal, technical and financial due diligence prior to commitment. Price and availability are subject to change and the seller reserves the right to accept an offer at any time.

Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.

*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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Ref: Nnedu