Mixed-use land for sale
Mixed-use land for sale
2000 SQMS Mixed Use Land
About this property
Bishop Oluwole Street. Victoria Island. 2,000 SQM. ₦2,200,000 per SQM. ₦4,400,000,000 Total. Lagos State Certificate of Occupancy. Directly Opposite Eko Atlantic's Gate. This Is the Street the Whole District Is Building Toward. The problem There is a category of Victoria Island land transaction that most brokers advertise loosely and few actually deliver cleanly --- a genuine bareland parcel, on a named A-grade VI street, with a straightforward C of O, priced inside the street's real trading range rather than padded for a buyer who hasn't done their homework. Bishop Oluwole Street is one of the most actively traded land corridors on the island --- sitting directly opposite Eko Atlantic City's entrance, on the same axis as Ahmadu Bello Way and within reach of the Adeola Odeku commercial belt. Because of that position, it's also one of the most inconsistently priced streets in VI, with asking prices from different sellers ranging from ₦1.5M/sqm distress listings to ₦2.5M/sqm Governor's Consent parcels --- a spread wide enough that a buyer who doesn't check the actual comparable trades can easily overpay or misjudge a genuine deal as inflated. This listing removes that guesswork. 2,000sqm, Bishop Oluwole Street, Lagos State C of O, ₦2,200,000/sqm. The agitation Here is what the real, currently active comparable market on this exact street shows. Multiple bareland parcels of similar size on Bishop Oluwole Street are trading at ₦2,000,000/sqm with a standard C of O. A premium commercial parcel on the same street, also 2,000sqm, is listed at ₦2,400,000/sqm --- ₦4.8 billion total --- marketed specifically on its proximity to the financial district, embassies, and Eko Atlantic. A separate 2,000sqm parcel on the same street, with Governor's Consent already secured, is asking ₦2,500,000/sqm. Nearby, commercial land along Adeola Odeku --- a short distance from this street --- has traded at ₦3,200,000/sqm. This listing --- 2,000sqm, Bishop Oluwole Street, ₦2,200,000/sqm --- sits precisely between the standard ₦2,000,000/sqm bareland trades and the ₦2,400,000/sqm premium commercial comparable on the same street. It's priced above the basic entry point, reflecting real demand on this corridor, and below the premium tier and the Adeola Odeku benchmark --- without requiring the buyer to negotiate a Governor's Consent upgrade themselves, since the title here is already Lagos State C of O. Every week this parcel sits unsold at this price is a week closer to it trading toward the ₦2,400,000--2,500,000/sqm tier already active on the same street. The solution 2,000 square metres of vacant land, Bishop Oluwole Street, Victoria Island. Lagos State Certificate of Occupancy. ₦2,200,000 per square metre. ₦4,400,000,000 total. Here is what this parcel delivers: Bishop Oluwole Street position. Directly opposite Eko Atlantic City's entrance gate, on the same corridor as Ahmadu Bello Way, minutes from the Adeola Odeku commercial cluster. This is not a street building its reputation --- it's one already carrying it, evidenced by the range of active premium and standard trades happening on it simultaneously. Lagos State Certificate of Occupancy. A straightforward, recognized title instrument, ready for solicitor review, without the added step of a family-grant C of O requiring further verification or a Governor's Consent application still pending. 2,000sqm mixed-use footprint. Sized appropriately for a high-rise commercial or mixed residential-commercial development, consistent with what's already being built and traded on this exact street. ₦2,200,000/sqm --- positioned inside the real trading range, not above it. Priced above the basic bareland comparables on the same street, reflecting genuine demand, and below both the premium commercial parcel and the Adeola Odeku benchmark nearby. Why this beats the alternatives on the table. The ₦2,000,000/sqm comparables on this street are priced lower, but several are distress sales or lack the same immediate C of O clarity. The ₦2,400,000--2,500,000/sqm comparables cost more for a marginally stronger title position or marketing angle this parcel already effectively matches through its C of O and location. This is the mid-market, clean-title entry point on a street where both the floor and ceiling of pricing are already well established. The call to action 2,000sqm. Bishop Oluwole Street, Victoria Island. ₦2,200,000/sqm. ₦4,400,000,000 total. Lagos State C of O. The buyer for this parcel is a developer or investor who has already priced the Bishop Oluwole corridor against its real comparables --- not someone forming a first impression of VI land. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Site visit arrangeable this week. The street is already active. The comparables are already trading. The only open question is which parcel on it carries your name. Land Type: Mixed-use Land (Vacant) Size: 2,000 sqm Price: ₦2,200,000/sqm --- ₦4,400,000,000 total Title: Lagos State Certificate of Occupancy Location: Bishop Oluwole Street, Victoria Island (VI), Lagos --- directly opposite Eko Atlantic City's entrance gate NPC Comparable Context (Bishop Oluwole Street & adjacent VI corridor): 2,000sqm bareland, Bishop Oluwole St --- ₦2,000,000/sqm (multiple active listings) 2,000sqm commercial, Bishop Oluwole St, premium C of O --- ₦2,400,000/sqm (₦4.8B total) 2,000sqm, Bishop Oluwole St, Governor's Consent --- ₦2,500,000/sqm 4,349sqm commercial, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 2,000sqm, Bishop Oluwole St --- ₦2,200,000/sqm, ₦4,400,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-048-3
Property details
Area guide — Victoria Island (VI)
Interesting Facts
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.Victoria Island was once completely surrounded by water until the colonial government sand-fille...
Leisure and Shopping
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosm...
Popular Estates
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned...
Day Life
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Is...
Night Life
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.If you live in Lagos, you have probably heard of Club Quilox. This is on...
Schools
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent...
Read the full area guide for Victoria Island (VI), Lagos
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