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Prime Development Land for Sale
An exceptional investment opportunity located on Richmond Drive, off Freedom Way, Ikate, Lekki. This parcel is ideal for an immediate build-and-sell residential development, offering strong market demand and impressive return potential within a prime and rapidly appreciating neighborhood.
Location: Richmond Drive, Off Freedom Way, Ikate, Lekki, Lagos
Total Size: 2,500 square metres
Price: ₦800,000 per square metre
Brokerage Fee: 5%
Note: The land can be subdivided and sold as 1,000 square metres or 1,500 square metres, subject to buyer preference.
Strategically positioned within a high-demand residential corridor with excellent accessibility and premium surrounding developments, this property is well-suited for luxury terraces, detached homes, or boutique apartment projects.
Inspection is strictly by appointment.
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️ Very Important Notice
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This listing is exclusively for serious, financially prepared direct clients.
We kindly request that third parties, agents, and brokers refrain from contacting us, as we engage only with cash-ready clients.
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| Property Ref: 3357230 | Added On: 24 Feb 2026 | Last Updated: 24 Feb 2026 |
| Market Status: Available | Type: Residential Land | Total Area: 2,500 sqm |
Because of its proximity to popular destinations and attractions in Lagos, Ikate is a very interesting neighbourhood. It is also a popular destination for celebrities and businesses.
Ikate has just the right number and variety of markets and malls to make your shopping experience as easy and enjoyable as possible. Lekki Arts and Crafts Market, Pearl Market, The Lennox Mall, Blenco African Market, Itedo Market, and Elegushi Modern Market are among the markets and malls to visit.
There are numerous good estates in Ikate to choose from, all of which offer its residents a peaceful living environment. Brown State Lekki Estate, Abiola Court 6 Estate, Richmond Gate Estate, SpringVille Estate, Horizon Court Estate, Haven home, Spring Bay Estate, and Vintage Park Estate are just a few examples.
Despite being primarily a residential neighbourhood, Ikate has a good number of recreational and entertainment options. Leisure sports park, Kos Lagos, Family affairs plaza, Bambooka, Komfort Wellness Place, Hungrybelly restaurant, Stories Lounge, and Upbeat bites are some of these locations.
Read the full area guide for Ikate, Lekki, Lagos.
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