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Listing title
For Sale --- 2‑Bay Warehouse on 4,200 sqm (1 Acre) --- Iyana Itire Certificate of Occupancy ₦2,300,000,000 (Negotiable)
Overview
Practical industrial/warehouse investment in the Iyana Itire corridor: a 2‑bay warehouse sited on a 4,200 sqm (approx. 1 acre) parcel with a clean Certificate of Occupancy (C of O). The property is well suited to distribution, storage, light industrial use or single‑operator logistics. Offered at ₦2.3 billion (negotiable), this asset presents immediate operational potential and strategic access to key Lagos road networks.
Property summary
- Asset: 2‑bay warehouse building with yard and supporting facilities
- Site area: 4,200 sqm (approx. 1 acre)
- Location: Iyana Itire, Lagos --- convenient access to major arterial routes
- Title: Certificate of Occupancy (C of O) --- certified copies available to qualified buyers
- Asking price: ₦2,300,000,000 (Two billion, three hundred million Naira) --- negotiable
Key features & advantages
- Two large warehouse bays suitable for single‑user operations or multi‑tenant leasing
- Substantial external yard for truck manoeuvring, loading/unloading and container staging
- On‑site office or administrative space (confirm specification on request)
- Perimeter fencing, gated access and basic site security provisions
- Good road frontage and practical vehicle access for articulated trucks and logistics fleets
- Clear title (C of O) supports financing and institutional purchase
Ideal uses
- Distribution & fulfilment centre (3PL)
- Light manufacturing or assembly with storage yard
- Cold‑chain / refrigerated storage (subject to retrofit)
- Wholesale/retail distribution hub or bulk storage for FMCG and building materials
- Owner‑occupier logistics base
Due diligence & recommended checks
- Legal: verify Certificate of Occupancy and chain of title via your solicitor; check for encumbrances.
- Technical: confirm internal clear heights, floor loading capacity, bay dimensions and structural condition.
- Site logistics: verify gate widths, yard surface condition and vehicle access geometry for intended vehicle sizes.
- Utilities: confirm power capacity, backup arrangements (generator), water supply and drainage.
- Compliance: fire safety provisions, environmental screening and any statutory levies to be confirmed.
Viewing & transaction process
- Viewings: By appointment only for qualified buyers. Proof of funds or bank reference required prior to full document release and site inspection.
- Data: Certified title documents, site plans and technical particulars will be supplied to pre‑qualified parties under NDA.
- Offers: Submit a Letter of Intent (LOI) with buyer credentials and proof of funds; Heads of Terms and solicitor‑led conveyancing to follow.
Note
All information is provided in good faith and should be independently verified. Price and availability are subject to negotiation and prior sale.
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.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES
*Ref: Nnedu
Property Ref: 3112756 | Added On: 24 Sep 2025 | Last Updated: 24 Sep 2025 |
Market Status: Available | Type: Warehouse | Total Area: 4,200 sqm |
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