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Bulk Land Investment -- Lekki-Epe Expressway
10 Hectares Expressway Frontage Below-Market Price @ ₦45M/Plot
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Property Overview
- Location: Lekki-Epe Expressway, immediately after Eleganza Eleko, Lagos.
- Total Land Size: 10 Hectares (approx. 100,000 SQM / 100+ standard plots).
- Price: ₦45,000,000 per plot.
- Land Value Reference: Market value estimated at ₦100,000,000 per plot.
- Title: To be verified (assumed to be under process or existing C of O/Governor's Consent for large parcel).
- Sale Type: Bulk sale by landowner; motivated seller.
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Key Highlights
- Expressway Frontage: Direct access and high visibility along the rapidly developing Lekki-Epe Expressway corridor.
- Significant Discount: Priced at ₦45M per plot against an estimated market value of ₦100M per plot---a compelling entry point for bulk investors.
- Large-Scale Opportunity: A 10-hectare parcel is ideal for a phased development, estate creation, or strategic land banking.
- Motivated Seller: Owner is ready to sell immediately, offering potential for swift acquisition and development planning.
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️ Development Potential
This large tract of land is suitable for:
- A gated residential estate (phased development of 100+ plots).
- Mixed-use commercial hub (retail, offices, hospitality).
- Warehouse/logistics park leveraging expressway access.
- Institutional use (school campus, corporate training facility).
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Market Context
The asking price of ₦45M per plot represents a notable discount in a corridor with strong appreciation potential. The value proposition is anchored by:
1. Strategic Location: Proximity to Eleganza and continuous infrastructure growth along Lekki-Epe Expressway.
2. Bulk Purchase Advantage: Lower per-plot cost enables scalable project development.
3. Future Appreciation: Ongoing development in the Lekki-Free Trade Zone and surrounding areas supports long-term value growth.
Ideal For: Real estate developers, investment consortia, institutional buyers, and high-net-worth individuals seeking large-scale land banking or staged development opportunities.
A substantial land offering with expressway frontage at a competitive price, suitable for investors and developers with a medium to long-term horizon.
| Property Ref: 3318284 | Added On: 30 Jan 2026 | Last Updated: 30 Jan 2026 |
| Market Status: Available | Type: Commercial Land |
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos.
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