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Prime Commercial/Residential Land on Ikotun Igando Road, Lagos
25ft × 120ft (≈ 279 SQM) Express Road Frontage ₦45M Asking Price
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Property Overview
- Location: Ikotun Igando Road, Lagos State
- Dimensions: 25ft × 120ft (approximately 279 SQM)
- Road Frontage: Direct facing to express road
- Title Documents: Receipt & Survey Plan (Purchase agreement in view)
- Asking Price: ₦45 Million
- Price per SQM: ≈ ₦161,290
- Status: Vacant and ready for development
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Key Highlights
- Express Road Frontage -- High visibility and accessibility
- Dual-Purpose Land -- Suitable for both commercial and residential projects
- Growing Corridor -- Ikotun Igando Road is rapidly developing with increasing traffic and commercial activity
- Clear Initial Title -- Receipt and survey plan available for immediate transaction
- Strategic Position -- Ideal for businesses seeking high exposure or residential builds desiring easy access
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️ Development Potential
- Commercial: Fuel Station, Shopping Complex, Supermarket, Showroom, Hotel, Office Building
- Residential: Apartment Block, Duplexes, Multi-family Housing, Gated Compound
- Mixed-Use: Commercial ground floor with residential upstairs
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Location Benefits
- High Traffic Visibility -- Express road frontage ensures maximum exposure
- Connectivity -- Easy access to Igando, Ikotun, Isolo, Egbeda, and Lagos mainland
- Growing Population -- Increasing residential and commercial demand in the area
- Development-Friendly Zone -- Area is experiencing rapid infrastructure upgrades
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Investment Value
- Asking Price: ₦45 Million (negotiable)
- Price per SQM: ≈ ₦161,290
- Commercial Appeal: Road frontage adds premium value for business use
- Strong Demand: High demand for both housing and commercial space in the corridor
- Future Appreciation: Ongoing road and area development supports value growth
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Sale Opportunity
This is a freshly listed plot with express road frontage --- a rare find in this busy corridor. Ideal for investors, developers, business owners, or individuals looking to build in a high-visibility location.
Ideal For:
- Business owners seeking visible commercial space
- Property developers targeting high-demand areas
- Investors looking for dual-purpose land
- Individuals planning a residential property with easy access
Contact For:
- Site viewing
- Document review
- Price negotiation
- Feasibility and planning discussion
Act fast --- express road frontage plots in growing areas like this are in high demand.
| Property Ref: 3269089 | Added On: 28 Dec 2025 | Last Updated: 28 Dec 2025 |
| Market Status: Available | Type: Mixed-use Land |
Ikotun hosts West Africa's most visited religious tourism site; The Synagogue Church of All Nations and is home to one of Lagos state's largest marketplaces; Ikotun Market. The popular Nigerian singer and songwriter, Adekunle Gold was also raised in the neighbourhood.
Ikotun Market is one of the largest markets in Lagos State and is available to cater to the shopping needs of its residents. KAF Mall, Twins Faja Supermarket and Sengabis Supermarket are indoor shopping options within the area.
Given the large population of people that reside in Ikotun, it would be absurd if there were not enough housing alternatives in the vicinity. Peace Estate, as the name suggests, is a very serene option whereas Adams and Diamond Estates provide reasonably priced properties.
Ikotun is a wonderful area to visit if you want to unwind. Watch a movie at Filmworld Cinemas, cool off at the pool in Brainfield Event Centre, dine at Food City and Dominos Pizza or enjoy ice cream at Coldstone Creamery.
Even at night, Ikotun bustles with activity. Popular nightlife spots include Ace Lounge, The Place, Club Hardrock, and The Leo Club.
Crestview International Schools, which includes a crèche, nursery, primary, and secondary school, is one of the most well-known schools in Ikotun. Other prominent schools in the area include Fortune Private Schools, Solid Steps International School, and Molan Schools.
Read the full area guide for Ikotun, Lagos.
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