For Sale: 858sqm Of Prime Development Land On Major Road, Lagos Road, Ikorodu, Lagos (Ref: 3334825)

858sqm Of Prime Development Land On Major Road

  • 858sqm of Prime Development Land on Major Road, Lagos Road, Ikorodu, Lagos, Land for Sale
  • 858sqm of Prime Development Land on Major Road, Lagos Road, Ikorodu, Lagos, Land for Sale
  • 858sqm of Prime Development Land on Major Road, Lagos Road, Ikorodu, Lagos, Land for Sale
  • 858sqm of Prime Development Land on Major Road, Lagos Road, Ikorodu, Lagos, Land for Sale
  • 858sqm of Prime Development Land on Major Road, Lagos Road, Ikorodu, Lagos, Land for Sale
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Property Description

FOR URGENT SALE --- PRIME REDEVELOPMENT SITE ON LAGOS ROAD, IKORODU
Location: Haruna Bus Stop, Lagos Road, Ikorodu, Lagos
Land Size: 858 sqm
Title/Docs: Receipts, Conveyance Documents & Registered Survey ---
All documentation available
Asking Price: ₦180,000,000 (Urgent sale)

Headline: Double-Fronted, Two-Storey Tenement on 858 sqm --- Directly Facing Haruna Bus Stop (Lagos Road) --- Ideal For Commercial Redevelopment

Overview
A rare, high-visibility corner property with dual frontage --- main frontage directly onto the busy Haruna Bus Stop/Lagos Road and a rear exit onto a secondary street. The existing two-storey tenement is demolishable, presenting a clean slate for a flagship commercial project or high-yield mixed-use development in the heart of Ikorodu's busiest commercial corridor.

Why this is a must-see
- Dual frontage onto Lagos Road and a secondary street = maximum visibility and access.
- Directly faces Haruna Bus Stop --- consistent footfall and transport links; excellent for retail, service and bank customers.
- Located in the main business hub of Ikorodu --- surrounded by markets, offices, banks, schools and public transport nodes.
- Demolishable structure: build your design without retrofit constraints.
- Size (858 sqm) offers substantial buildable footprint for multi-storey commercial use with parking and service areas.
- Clear transaction pathway --- Conveyance, Registered Survey and receipts are available for due diligence.

Ideal uses (high-return possibilities)
- Bank branch/head office with drive-in and parking facilities
- Multi-level shopping mall or supermarket anchor store
- Corporate office complex or serviced office hub
- Mixed-use development: retail podium with residential or office floors above
- Quick-service restaurants, showrooms, clinics or an education/training facility

Investment highlights
- Immediate commercial demand in the area ensures fast lease-up or high walk-in traffic for retail operations.
- Strategic location for brands seeking dominance in Ikorodu's commercial landscape.
- Redevelopment opportunity for investors and developers to capture strong rental yields and capital appreciation.

Sale terms & next steps
- Price: ₦180,000,000 --- urgent sale; motivated seller.
- All documentation available for review; viewings by appointment only.
- Suitable for cash buyers, developers, corporate buyers and institutional investors seeking quick acquisition and fast project commencement.
Act now
This site is a standout commercial parcel on one of Ikorodu's busiest corridors --- perfect for buyers who want visibility, foot traffic and redevelopment potential. For inspection, full documentation or to submit an offer, contact us now to arrange a viewing and close quickly.


Property Details

Property Ref: 3334825Added On: 09 Feb 2026Last Updated: 09 Feb 2026
Market Status: AvailableType: LandTotal Area: 858 sqm

Interesting Facts

It is interesting to note that Ikorodu is the fastest growing suburb of Lagos metropolis, owing to the increasing influx of people from surrounding villages attracted by the town’s proximity to Lagos. Ikorodu has brought about the rise of popular personalities and the largest power generating station in Nigeria is also located in Ikorodu.

Leisure and Shopping

Residents in this neighborhood can be sure of an overall pleasant and exciting shopping experience. For open-air shopping, visit Sabo market or Elepe Community market. For indoor shopping, explore Justrite Superstore and Grocery Bazaar Limited.

Popular Estates

In Ikorodu, there are a plethora of estates with enticing property pricing. Consider Valleyview Estate, Greenleaf Estate, Treasure Island Estate, Diamond Estate, and Springview Estate while making your decision. 

Day Life

Ikorodu residents do not have to look far to locate hotspots where they can relax, have fun, and spice up their social life. The Oshodi Art Gallery, The Origin Gardens, Dream Park and Gardens are all fantastic places to start. You can also wine and dine at Chicken Republic, Magrellos fast food, and Dominos Pizza.

Night Life

Ikorodu features a number of clubs and pubs that offer a fun nightlife. All you have to do now is choose. At Haven Lounge & Club, The Place Lounge, and Anchor Point Grills, the party never ends.

Schools

Parents who reside in Ikorodu and want to provide their children with a high-quality education will be relieved to find that there are several good schools to select from. Some examples are Landmark College, Great Joy Schools, Unique Blossom Schools, and Lighthouse International Schools.

Read the full area guide for Ikorodu, Lagos.

Interested in this property?

Call 0902 XXXX Show Phone
Disclaimer

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