Mixed-use land for sale
Lasu Iba-igando Expessway, Igando, Alimosho, Lagos
For sale --- video available
2.5 acres (15 plots) former gas station site ---
lasu iba‑igando expressway, alimosho lga
c of o
₦1,500,000,000
overview: strategic roadside development opportunity on the lasu iba‑igando expressway: 2.5 acres (circa 15 standard plots) formerly operated as a fuel station, now offered for sale with a clean certificate of occupancy (c of o). the parcel is well‑placed for a range of commercial and residential uses --- retail plaza, service station re‑development, mixed‑use scheme, corporate offices, logistics yard or gated residential development. asking price: ₦1.5 billion.
property summary
- site area: 2.5 acres (approx. 15 plots)
- location: lasu iba‑igando expressway, alimosho local government area, lagos state
- title: certificate of occupancy (c of o) --- certified documents available to qualified buyers
- asking price: ₦1,500,000,000 (one billion, five hundred million naira)
- current status: formerly used as a gas/fuel station --- cleared and ready for transfer (buyer to verify site condition)
key advantages
- prime expressway frontage with excellent visibility and high daily traffic --- strong customer catchment for commercial uses.
- substantial contiguous landholding ideal for sizeable commercial or gated residential developments.
- clear c of o supports bankability and straightforward conveyancing.
- flexible end‑use: strong suitability for mixed‑use retail/residential, convenience retail & service outlets, institutional uses or landbanking.
suggested uses (subject to planning)
- retail / service plaza (convenience retail, quick‑service restaurants, showroom)
- re‑developed service station / fuel & convenience forecourt (subject to regulatory approvals)
- small shopping mall or mixed commercial centre with office floors above
- gated residential development: terraces/duplexes or serviced plots
- corporate campus, logistics hub or light industrial yard (subject to zoning)
important note --- environmental & regulatory considerationsas the site was previously a gas station, buyers should be aware of potential environmental and remediation requirements. recommended pre‑purchase actions include:
- environmental site assessment (phase i & ii as required) to check for soil/groundwater contamination and scope of remediation.
- decommissioning certificates (if any) and confirmation that underground tanks and hydrocarbons have been removed or safely contained --- buyer to verify with seller and responsible agencies.
- confirm any permits/approvals required to re‑establish a fuel facility or change use to commercial/residential.
title & documentation
- title: certificate of occupancy (c of o) --- certified copies available on request to qualified buyers and solicitors.
- supporting documents: survey/plan and previous site operational records can be provided to qualified buyers. buyer's solicitor should verify chain of title and any encumbrances.
due diligence checklist (recommended)
- legal: solicitor verification of c of o, chain of title and search for encumbrances.
- environmental: phase i environmental site assessment and, if indicated, phase ii site investigation and remediation cost estimate.
- technical: site survey, topography, drainage and geotechnical investigation for foundation and design work.
- planning: confirm permitted uses, coverage, setbacks and zoning with lagos state planning authority and local council.
- utilities: confirm connection points and capacities for power, water, drainage and telecoms.
- remediation & regulations: confirm status of any fuel tanks removal, decommissioning certificates and required regulatory clearances.
sale process & viewing
- viewings: by appointment only for pre‑qualified buyers. proof of funds / company profile requested before release of full documents and site access.
- offers: submit a letter of intent (loi) with buyer details and proof of funds. qualified buyers will receive the title pack, survey and will be invited for inspection.
- completion: heads of terms followed by solicitor‑led conveyancing and completion. buyer to budget for legal fees, stamp duty and registration charges.
why buy this site
- rare roadside site of scale on a busy expressway with multiple commercial and residential use possibilities.
- good title and consolidated land area reduce transaction complexity and support flexible development strategies.
- opportunity to unlock value quickly with an appropriate remediation and planning programme, or to hold for capital appreciation.
contact / next stepsto request certified title documents, arrange a site inspection or submit an loi, please contact:
[agent / seller name]phone: [insert phone number]email: [insert email address]
disclaimerall information is provided in good faith and should be independently verified by prospective purchasers and their professional advisers. price and availability are subject to prior sale and negotiation.
ref: d. ef...
More details
₦1,500,000,000
The Build Centre Properties
09028190510