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Prime Express-Facing Land For Sale in Sangotedo, Alasia, Lekki-Epe Corridor
1 Acre (≈ 4,047 SQM) Direct Expressway Frontage Governor's Consent Title ₦2 Billion ≈ ₦494,000 per SQM
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Property Overview
- Location: Sangotedo, Alasia (Lekki-Epe Expressway corridor), Lagos.
- Land Size: 1 Acre (approximately 4,047 SQM).
- Key Feature: Directly facing the expressway -- maximum visibility and accessibility.
- Title: Governor's Consent (strong, state-granted title).
- Asking Price: ₦2,000,000,000.
- Price per SQM: ≈ ₦494,000.
- Mandate: Semi‑mandate (semi‑exclusive representation). Link available for discussion.
- Status: Titled express‑facing land, ready for large‑scale commercial or mixed‑use development.
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Key Highlights
- Expressway Frontage -- Unmatched Visibility: Positioned on the busiest arterial road in Lekki, ideal for businesses, retail, hospitality, and institutional projects that rely on high footfall and brand exposure.
- Large Institutional Scale: A full acre (4,047 SQM) provides ample space for a landmark development, massive parking, and phased expansion.
- Governor's Consent Title: One of the strongest titles in Lagos -- ensures legal security, bankability, and smoother resale or partnership.
- Sangotedo Growth Node: This fast‑developing corridor is attracting major residential estates, schools, hospitals, and commercial hubs -- future appreciation is almost guaranteed.
- Competitive Per‑SQM Price: At ≈ ₦494,000 per SQM, this is highly competitive for a titled express‑facing plot of this scale on the Lekki‑Epe axis.
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️ Development Potential
The size and location make it suitable for:
- Major Shopping Mall / Mega Plaza
- International Hotel or Serviced Apartments
- Corporate Headquarters or Business Park
- Specialist Hospital or Medical Campus
- Educational Institution (University Annex, International School)
- Mixed‑Use Township (Residential + Commercial + Leisure)
- Place of Worship with Large Parking Capacity
- Event Centre & Convention Hall
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Location Benefits
- Sangotedo -- Alasia Corridor: One of the fastest‑growing segments of the Lekki‑Epe Expressway, with ongoing infrastructure upgrades and new developments from Abraham Adesanya to Epe.
- Excellent Connectivity: Quick access to Ajah, Awoyaya, Lakowe, and the emerging Ibeju‑Lekki Free Trade Zone (Dangote Refinery, Lekki Deep Sea Port, Airport).
- High Traffic Density: Thousands of vehicles daily -- ideal for customer‑facing businesses.
- Strong Demographics: Rapid population growth from new estates and residential schemes ensures a ready market.
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Investment Value
- Total Asking Price: ₦2 Billion.
- Price per SQM: ≈ ₦494,000.
- Market Context: For comparison, express‑facing plots in this corridor with Governor's Consent typically range from ₦400k to ₦700k per SQM depending on exact location and size. This listing is at the attractive lower‑mid range for a full acre.
- Upside Potential: As the Ibeju‑Lekki mega‑projects come online, land values in Sangotedo/Alasia are poised for significant appreciation.
- Development ROI: A well‑executed commercial or mixed‑use project can generate substantial rental and capital returns.
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Sale Opportunity
This is a rare opportunity to acquire a full acre of titled express‑facing land in one of Lagos's most promising growth corridors. Ideal for institutional investors, large developers, or corporate entities seeking a flagship location.
Ideal For:
- Real estate development conglomerates.
- Hotel and hospitality groups.
- Healthcare and education providers.
- Retail and entertainment brands.
- Religious and community organizations.
- Land banking with a view to mid‑term development.
Governor's Consent + Express Frontage + 1 Acre -- a foundation for a landmark project.
Semi‑mandate -- serious principals only. Link available for discussion.
| Property Ref: 3522707 | Added On: 11 Jun 2026 | Last Updated: 11 Jun 2026 |
| Market Status: Available | Type: Commercial Land | Total Area: 4,047 sqm |
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.
Read the full area guide for Sangotedo, Ajah, Lagos.
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