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Land on Adeola Odeku Street, Victoria Island (VI), Lagos

There are 90 land for sale and rent in Adeola Odeku Street as of 16 Sep 2026, with an average price of ₦5.5B. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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3,500 SQM Commercial Land — Adeola Odeku, Victoria Island, Lagos, Victoria Island (VI), Lagos
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1
₦4,000,000 per sq.m

Commercial land for sale

3,500 SQM Commercial Land

Location: Directly on Adeola Odeku, Victoria Island, Lagos Property Type: Commercial Land Land Size: 3,500 SQM Price: ₦4 Million Net per SQM Total Asking Price: ₦14 Billion Title: Federal Allocation, C of O & Registered Survey Use: Commercial / Mixed-Use Development Transaction: For Sale Zahari View a substantial 3,500 SQM commercial landholding directly on Adeola Odeku, Victoria Island, offering a strategic development opportunity for investors and developers seeking a sizeable site within one of Lagos' major commercial districts. The property's direct Adeola Odeku frontage, combined with its stated commercial/mixed-use development potential, makes it relevant for developers evaluating projects such as office buildings, hospitality, retail or integrated mixed-use schemes, subject to applicable planning requirements and approvals. At ₦4 Million Net per SQM, the total asking price is ₦14 Billion. Property Highlights 3,500 SQM land Directly on Adeola Odeku, Victoria Island Prime commercial location ₦4 Million Net per SQM ₦14 Billion total asking price Commercial / mixed-use development potential Federal Allocation C of O Registered Survey Suitable for developers and institutional investors Why This Property Deserves Attention Adeola Odeku is an established commercial address within Victoria Island, making direct frontage on the road an important consideration for developers evaluating commercially positioned land. The 3,500 SQM site provides considerable development scale and may be particularly relevant to investors seeking a property capable of supporting a larger commercial or mixed-use concept, subject to planning and development approvals. Unlike a smaller development parcel, a landholding of this size gives developers greater scope to evaluate different project configurations and commercial uses. Potential concepts may include office, retail, hospitality or mixed-use development, as stated for the property, with the final permissible use and development parameters subject to confirmation from the relevant authorities. Development & Investment Perspective At ₦4 Million Net per SQM, the land acquisition represents a significant capital commitment. Consequently, the opportunity should be evaluated primarily through a detailed development feasibility study. For a commercial developer, important considerations include the permitted development density, building height, floor-area potential, parking requirements, access, infrastructure and other planning controls. The developer should then compare the acquisition cost with estimated construction expenses, professional fees, statutory charges, financing costs, operating considerations and projected rental or sales income. For hospitality or retail concepts, additional market research should be conducted to determine whether the proposed project matches demand within the Victoria Island commercial environment. Investor's Note The property's stated commercial/mixed-use potential should not be treated as automatic approval for any particular development. Before proceeding, serious buyers should independently verify: Federal Allocation and C of O Registered Survey Ownership and title history Exact site dimensions Permitted land use Development density Allowable building height Floor-area requirements Parking provisions Access and infrastructure Planning and statutory requirements Commercial feasibility and projected returns Documentation Federal Allocation, C of O & Registered Survey All documentation should be independently reviewed and verified by the buyer's legal, survey and property professionals before any financial commitment. Property Intelligence Beyond the Listing Commercial land requires a different investment approach from residential land. The real opportunity lies in understanding how location, frontage, land size, permitted use, development density and market demand combine to determine the commercial potential of a site. This 3,500 SQM Adeola Odeku property offers the scale and positioning for serious developers to investigate a potentially significant commercial or mixed-use project within Victoria Island. At Zahari Properties, we encourage investors to look beyond the headline price and evaluate the full development equation before making major property decisions. Asking Price ₦4 Million Net per SQM 3,500 SQM × ₦4 Million = ₦14 Billion For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information, pricing, availability, development potential and documentation are subject to confirmation and verification. Prospective buyers should conduct independent legal, survey, planning, valuation and commercial due diligence before proceeding with the transaction.

Adeola Odeku, Victoria Island, Lagos, Victoria Island (VI), Lagos Added yesterday
Zahari Properties
3400SQM Residential Land — Adeola Odeku Street, Victoria Island (VI), Lagos
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1
₦11,900,000,000

Land for sale

3400SQM Residential Land

3400sqm on Adeola Odeku Street Victoria Island. Title F cofo. Price: 3.5m per sqm net. Oladele

Adeola Odeku Street, Victoria Island (VI), Lagos
3400 sqm
Flowtouch Properties
2,491SQM Residential Land with Approved Drawings — Akin Olugbade, Off Adeola Odeku, Victoria Island (VI), Lagos
Premium
1
₦8,000,000,000

Residential land joint venture

2,491SQM Residential Land with Approved Drawings

Joint Venture Opportunity in Victoria Island. Our client is seeking a reputable institution or individual investor for the development of: 2,491sqm land. Details: - Location: Akin Olugbade, Off Adeola Odeku - Title: Lagos C of O - Value: ₦8bn - Approved drawings for 2 residential blocks of 9-storey buildings (potential for mix development and to go up to 15 floors) - Premium: Nil Facilitators Fee: 8% net Pls Note: *Owner want is either BG or Money in an escrow account. He doesn't want proof of funds. Bee

Akin Olugbade, Off Adeola Odeku, Victoria Island (VI), Lagos
2491 sqm
Flowtouch Properties
2,000 SQM Land with Zero Premium — Adeola Odeku, Victoria Island (VI), Lagos
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1
₦5

Mixed-use land joint venture

2,000 SQM Land with Zero Premium

Joint Ventures Development Partnership. 2,000 SQM Land with Zero premium Location: Adeola Odeku, Landlocked between TY Danjuma and Glo HQ. Victoria Island Lagos. Land Size: 2,000 SQM. Rare VI footprint in the CBD core. Land Value: To be discussed by the Developer and the Landowner Development Scope: 13 to 15 storey mixed-use or Grade a commercial tower Sharing Formula: 60% Developer / 40% Landowner. Premium: No premium demanded TDP: Full technical and financial proposal on the table at meeting Facilitation: 10% The upside: Adeola Odeku delivers instant credibility, premium tenants, and unmatched rental velocity. Build a landmark, capture VI rental rates, and exit at top dollar. Land cost is already off the table, so your capital goes straight into vertical growth. If you build at scale in Lagos, this is the JV you take the meeting for. (MwiLap)

Adeola Odeku, Victoria Island (VI), Lagos
2000 sqm
Leaders Properties Limited
A Prime 3,400SQM Land Parcel, Strategically Located — Adeola Odeku Street, Victoria Island (VI), Lagos
Premium
1
₦17,000,000,000

Land for sale

A Prime 3,400SQM Land Parcel, Strategically Located

A prime 3,400sqm land parcel strategically located on Adeola Odeku Street, one of Victoria Island's most commercial and high-traffic corridors. Land Size: 3,400sqm Location: Adeola Odeku Street, Victoria Island - Suitable for commercial or mixed-use development - Excellent visibility and accessibility Price: ₦5m per sqm (Negotiable) Bee

Adeola Odeku Street, Victoria Island (VI), Lagos
3400 sqm
Flowtouch Properties
Premium
₦3,500,000 per sq.m

Mixed-use land for sale

Vacant Bareland

Bare land for sale in VI Location---Directly on Adeola Odeku, Victoria Island Lagos Land seize---3,394sqm Title: Federal C of O Price: ₦3.5m per sqm C of O is now available Only for serious buyers Vol 25 50

Adeola Odeku, Victoria Island (VI), Lagos
3394 sqm
Crestforesight Homes & Properties LTD
Premium
₦5,500,000,000

Commercial land joint venture

Sharp Commercial Land in a Good Location

Hot & fresh joint venture deal! Prime Development Opportunity Plot Size: 1,220m² Location: Adeola Odeku Street, Victoria Island, Lagos Preferred Development: Commercial High-Rise Building (Up to Ten (10) Floors) Title: Certificate of Occupancy (C of O) Land Value: ₦5.5 Billion Joint Venture Premium: To be Discussed Professional Fee: 10% Applicable For Further Enquiries: Serious investors and developers are invited.

Adeola Odeku, Victoria Island (VI), Lagos
1220 sqm
Deherculean Enterprises
Premium
$6,500,000

Mixed-use land for sale

2100SQM Vacant Land

For sale in Victoria Island 2100sqm directly on Adeola Odeku Title: C of O Price: $6.5m Contact Vol 25 44

Adeola Odeku, Victoria Island (VI), Lagos
2100 sqm
Crestforesight Homes & Properties LTD
Premium
₦4,000,000 per sq.m

Land for sale

3, 500SQM Land

CWL1732 a rare opportunity to acquire 3,500sqm of prime land Located at Victoria Island, Lagos one of the most prominent commercial and high-value corridors in Lagos. With excellent visibility, accessibility, and direct road frontage, the property is ideally suited for a landmark commercial or mixed-use development. The property is also 100% closeable, offering a straightforward acquisition opportunity for qualified buyers. Property Details Property Type Prime Commercial / Mixed-Use Development Land Location Victoria Island, Lagos Land Size 3,500 SQM Price ₦4,000,000 Per SQM Title Federal Allocation, C of O & Survey Total Land Value ₦14,000,000,000 Property Highlights Directly on Adeola Odeku 3,500sqm Prime Landholding Excellent Road Frontage Exceptional Visibility Excellent Accessibility 100% Closeable Federal Allocation Certificate of Occupancy Survey Documentation Strategic Victoria Island Location Development Potential The property is ideally suited for: Commercial Development Mixed-Use Development Grade-A Office Development Luxury Retail Hospitality Premium Residential-Commercial Projects Other approved high-density developments Investment Highlights Located on one of Victoria Island's most prestigious commercial streets Exceptional exposure and accessibility Suitable for a landmark development project Strong potential for capital appreciation Ideal for Developers, Institutional Investors, Corporates, HNIs, and Investment Funds This is a trophy development site in the heart of Victoria Island, offering the scale, frontage, visibility, and strategic location required for a landmark commercial or mixed-use project. Asking Price ₦4,000,000 Per SQM Total Land Value: ₦14,000,000,000 For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Victoria Island (VI), Lagos
C W Real Estate
Prime 2000SQM Fenced Commercial Land — Adeola Odeku Way, Victoria Island (VI), Lagos
Premium
6
₦3,700,000 per sq.m

Commercial land for sale

Prime 2000SQM Fenced Commercial Land

Fenced Commercial Land measuring 2000 sqm located along Adeola Odeku Street (Rear Plot -- not fronting Adeola Odeku Way), Victoria Island, Lagos. Features include: Suitable for development of contemporary Block of Apartments; Suitable for development of Specialized Office Building; High-traffic prone street; Flood-free neighbourhood; etc. Sale Price is NGN3,700,000 (THREE million seven hundred thousand NAIRA) per square meter. Title is Lagos State Governor's Consent. Agency Fee applies. All pricing are as at july 27, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Adeola Odeku Way, Victoria Island (VI), Lagos
2000 sqm
First Colony Real Estate Company LTD
Premium
₦3,000,000

Land for sale

1057SQM Land

1,057sqm land for sale off Adeola Odeku Street, Victoria Island. Price: N3m per sqm. Lagos State C of O Kindly come for physical inspetion.

Victoria Island (VI), Lagos
Bentol Home Plus
Premium
₦5,500,000,000

Land joint venture

Land Measuring 1, 220SQM

Joint venture deal Prime Development Opportunity Plot Size: 1,220m² Location: Adeola Odeku Street, Victoria Island, Lagos Preferred Development: Commercial High-Rise Building (Up to Ten (10) Floors) Title: Certificate of Occupancy (C of O) Land Value: ₦5.5 Billion Joint Venture Premium: To be Discussed Professional Fee: 10% Applicable

Adeola Odeku, Victoria Island (VI), Lagos
Bourdillon Enterprises
16,560 Prime Mixed Use Land — Ahmadu Bello Way, Victoria Island (VI), Lagos
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1
₦3,000,000 per sq.m

Mixed-use land for sale

16,560 Prime Mixed Use Land

Ahmadu Bello Way, Opposite Eko Atlantic City's Gate. Victoria Island. 16,560 SQM. ₦3,000,000 per SQM. ₦49,680,000,000 Total. Vacant Land. Institutional Scale. This Is Not a Plot. This Is a Master-Planned District's Worth of Frontage. The problem There is a category of Lagos land transaction that exists on a different scale entirely from almost everything else on the market --- parcels large enough to anchor a genuinely institutional development: a mixed-use district, a landmark tower complex, a master-planned scheme with its own internal roads and phasing. That scale of land does not appear often on Ahmadu Bello Way, or anywhere else on Victoria Island. Most listings on this corridor --- even the "large" ones --- top out at 2,000 to 5,000sqm, enough for a single building, not a district. A parcel at 16,560sqm, on a primary VI road, opposite the entrance to Eko Atlantic City itself, is the kind of holding that gets absorbed by a sovereign fund, a major reit, or a developer with a master-plan mandate --- not assembled piecemeal from smaller plots. This listing is that parcel. 16,560sqm, vacant, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm. The agitation Here's what makes the pricing on this specific corridor unusually easy to verify. A smaller 5,000sqm parcel, also vacant, also on Ahmadu Bello Way, opposite the same Eko Atlantic gate, is separately listed at the identical rate --- ₦3,000,000/sqm. A 2,800sqm parcel further along the same road, with an existing office structure and Federal C of O, trades at roughly ₦3,214,000/sqm --- a premium explained entirely by the improved structure, not the land value. A 2,500sqm fenced bareland comparable elsewhere on VI sits lower, at ₦2,500,000/sqm, reflecting its distance from this specific corridor. Adjacent Adeola Odeku commercial land trades at ₦3,200,000/sqm. What this tells a serious buyer is that ₦3,000,000/sqm is not a negotiable asking price invented for this listing --- it's the consistent, verified going rate for vacant Ahmadu Bello Way land opposite Eko Atlantic, repeated across at least two independently listed parcels of different sizes. At 16,560sqm, this listing simply applies that same rate at more than three times the scale of the next-largest comparable on the same road --- the difference being that a buyer here isn't hunting for a second or third contiguous parcel to reach development scale. It's already assembled. The solution 16,560 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. ₦3,000,000 per square metre. ₦49,680,000,000 total. Here is what this parcel delivers: Institutional scale, pre-assembled. At over three times the size of the next comparable vacant parcel on the same road, this land removes the single hardest problem in large-scale Lagos development --- assembling multiple adjacent titles from different sellers into one contiguous, buildable holding. It's already one parcel. Ahmadu Bello Way, opposite Eko Atlantic's gate. The exact corridor identified across this entire series as the handoff point between VI's established commercial core and Eko Atlantic's appreciating coastal district --- benefiting from both the established road's existing infrastructure and the adjacent district's forward momentum. Verified, consistent pricing. ₦3,000,000/sqm matches the independently listed 5,000sqm parcel on the same exact road and gate frontage --- this isn't a one-off asking price, it's the corridor's going rate, applied at scale. Vacant land --- a clean development canvas. No existing structure to demolish, no tenant to wait out, no partial-use complication. A master-plan development can be phased from the ground up exactly as designed. Why this beats the alternatives on the table. Assembling 16,560sqm from smaller Ahmadu Bello Way parcels would mean negotiating with multiple sellers, at prices that could easily exceed ₦3,000,000/sqm once each individual owner recognizes what a buyer is trying to build. This parcel delivers the same scale, at the same verified per-sqm rate as the smaller comparable, from a single seller, in a single transaction. The call to action 16,560sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦49,680,000,000 total. Vacant. The buyer for this parcel is a sovereign fund, reit, or major developer with a master-plan mandate --- not a buyer assembling scale one plot at a time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Serious institutional inquiries only. The rate is already verified against a comparable parcel on the same road. The scale is already assembled, not scattered across multiple sellers. The only variable left is which fund or developer puts their master plan on it first. Land Type: Mixed-use Land (Vacant) Size: 16,560 sqm Price: ₦3,000,000/sqm --- ₦49,680,000,000 total Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic gate, vacant --- ₦3,000,000/sqm (identical rate, smaller scale) 2,800sqm, Ahmadu Bello Way, Federal C of O, existing structure --- ≈₦3,214,000/sqm This listing: 16,560sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦49,680,000,000 total Posted: 1 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-098-3

Ahmadu Bello Way, Victoria Island (VI), Lagos
16560 sqm
Smilebay Realties Limited
2000 SQMS Mixed Use Land — Bishop Oluwole, Victoria Island (VI), Lagos
Premium
1
₦2,200,000 per sq.m

Mixed-use land for sale

2000 SQMS Mixed Use Land

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

Bishop Oluwole, Victoria Island (VI), Lagos
Smilebay Realties Limited
5000 SQMS Mixed Use Land — Ahmadu Bello Way, Victoria Island (VI), Lagos
Premium
1
₦3,000,000 per sq.m

Mixed-use land for sale

5000 SQMS Mixed Use Land

Ahmadu Bello Way. Victoria Island. Opposite Eko Atlantic's Gate. 5,000 SQM. ₦3,000,000 per SQM. ₦15,000,000,000 Total. Certificate of Occupancy. Larger Sizes Available. This Is the Corridor Where VI's Old Money Meets Eko Atlantic's New Money. The problem There is a category of Victoria Island land that rarely comes to market at genuine scale --- not 900sqm, not 2,000sqm, but a 5,000sqm parcel large enough to anchor a serious commercial or mixed-use development, sitting directly on Ahmadu Bello Way, opposite the entrance to Eko Atlantic City itself. Most VI land offered at this size is either landlocked away from a primary road, split across non-contiguous titles, or priced without regard to what's actually trading on the same corridor. Ahmadu Bello Way is one of VI's original arterial roads --- predating Eko Atlantic, running alongside it, and now positioned as the direct handoff point between the island's established commercial core and the new coastal city rising beside it. This listing is 5,000sqm on that road, C of O, ₦3,000,000/sqm --- with larger contiguous sizes available for a buyer whose development plan needs more. The agitation Here's what the comparable market on and around Ahmadu Bello Way actually shows. A 2,800sqm parcel on Ahmadu Bello Way, carrying a Federal C of O and an existing office structure, is listed at ₦9,000,000,000 --- working out to roughly ₦3,214,000/sqm. A fenced 2,500sqm bareland parcel elsewhere on VI is listed at ₦6,250,000,000, or ₦2,500,000/sqm. Commercial land on the adjacent Adeola Odeku corridor has traded at ₦3,200,000/sqm. This listing --- 5,000sqm, Ahmadu Bello Way, opposite Eko Atlantic's gate, ₦3,000,000/sqm --- sits just below the improved Ahmadu Bello Way comparable (which carries the premium of an existing structure and Federal-grade title) and above the fenced bareland comparable elsewhere on the island. That's the correct position for bare land, at scale, on one of VI's most direct routes into Eko Atlantic. What the pricing doesn't fully capture yet is the corridor effect. Ahmadu Bello Way's value proposition has shifted since Eko Atlantic broke ground --- it is no longer simply an old VI arterial road, it is the entry corridor to a city that's pricing its own internal land at $1,250 to over $3,000 per sqm and appreciating fast. Every month this parcel remains unsold, it does so on a road whose relevance to the adjacent, appreciating district only grows. The solution 5,000 square metres of vacant land, Ahmadu Bello Way, opposite Eko Atlantic City's gate, Victoria Island. Certificate of Occupancy. ₦3,000,000 per square metre. ₦15,000,000,000 total. Larger contiguous sizes available. Here is what this parcel delivers: Ahmadu Bello Way position, opposite Eko Atlantic's gate. A primary VI arterial road that now also functions as the direct approach to Lagos's most actively appreciating coastal district. This address benefits from both VI's established commercial density and Eko Atlantic's forward momentum, without being priced at Eko Atlantic's internal oceanfront rates. 5,000sqm --- genuine development scale. Large enough to anchor a commercial tower, a mixed-use development, or an institutional-grade project, without the footprint constraints of the smaller 900--2,000sqm parcels that dominate most VI land listings. Larger sizes available. For a developer or family office whose plan requires more than 5,000sqm, this listing extends --- a rare scaling option on a corridor where most available parcels are fixed and non-negotiable in size. Certificate of Occupancy. A recognized title instrument ready for solicitor review, positioning this parcel for straightforward due diligence rather than a title chain requiring reconstruction. ₦3,000,000/sqm --- priced against the corridor's real comparables. Below the improved Ahmadu Bello Way parcel with its existing structure and Federal C of O premium, above the fenced bareland comparable elsewhere on the island, and in line with the adjacent Adeola Odeku commercial benchmark. Why this beats the alternatives on the table. Smaller VI parcels elsewhere cost less in total but cap what can be built. Land inside Eko Atlantic itself, at the Financial District or Marina rates now exceeding $3,000/sqm, costs meaningfully more per sqm for a comparable development outcome. This parcel sits at the handoff point between the two --- VI-grade C of O, Eko Atlantic-adjacent momentum, at a scale few sellers on this corridor can currently match. The call to action 5,000sqm. Ahmadu Bello Way, opposite Eko Atlantic's gate. ₦3,000,000/sqm. ₦15,000,000,000 total. C of O. Larger sizes available. The buyer for this parcel is a developer or institution planning at genuine scale on one of VI's primary corridors --- not evaluating VI land for the first time. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Title documentation available for immediate solicitor review. Ask about larger contiguous sizes. The road already runs straight to Eko Atlantic's gate. The scale is already available if your plan needs more. The only variable left is whose name goes on the C of O. Land Type: Mixed-use/Residential Land (Vacant) Size: 5,000 sqm (larger contiguous sizes available) Price: ₦3,000,000/sqm --- ₦15,000,000,000 total Title: Certificate of Occupancy Location: Ahmadu Bello Way, opposite Eko Atlantic City gate, Victoria Island (VI), Lagos NPC Comparable Context: 2,800sqm, Ahmadu Bello Way, Federal C of O, existing office structure --- ₦9,000,000,000 (≈₦3,214,000/sqm) 2,500sqm fenced bareland, VI --- ₦6,250,000,000 (₦2,500,000/sqm) Commercial land, Adeola Odeku (adjacent corridor) --- ₦3,200,000/sqm This listing: 5,000sqm, Ahmadu Bello Way --- ₦3,000,000/sqm, ₦15,000,000,000 total Posted: 26 July 2026 Listed by: Smilebay Realties Limited --- Ref: #359-047-9

Ahmadu Bello Way, Victoria Island (VI), Lagos
Smilebay Realties Limited
Premium
₦4,000,000 per sq.m

Mixed-use land for sale

3400SQM

Directly on adeola odeku street, victoria island A prime 3,400sqm land parcel strategically located on Adeola Odeku Street, one of Victoria Island's most commercial and high-traffic corridors. Land Size: 3,400sqm Location: Adeola Odeku Street, Victoria Island - Suitable for commercial or mixed-use development - Excellent visibility and accessibility Price: ₦4, 00,000 per sqm (Negotiable) Global William

Adeola Odeku, Victoria Island (VI), Lagos
Rosemond Hills Limited
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₦3,500,000 per sq.m

Commercial land for sale

Prime 3,400SQM Land

Prime 3,400sqm land located directly on Adeola Odeku Street, one of Victoria Island's most commercial corridors. Price: ₦3,500,000 per sqm (Negotiable) title: Federal Allocation, C of O, Survey Suitable for commercial or mixed-use development with excellent visibility and accessibility. Fully documented and 100% closeable. For closure or inspection please call 08090876670 09167713726

Adeola Odeku, Victoria Island (VI), Lagos
Property Expert
Ready to Build 3400SQM Plot of Land (Dealing with Mandate) — Victoria Island (VI), Lagos
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1
₦12,000,000,000

Mixed-use land for sale

Ready to Build 3400SQM Plot of Land (Dealing with Mandate)

Dealing with mandate a perfect 3400sqm plot of land directly on Adeola Odeku in Victoria Island, Ikoyi is available for sale. Price: #12Billion asking Title: Fed. C of O Land size: 3400sqm #Mandate lady

Victoria Island (VI), Lagos
3400 sqm
Arewá-Oluwa Properties
Premium
₦3,500,000 per sq.m

Commercial land for sale

Commercial Land

Land for sale 3,400 SQM of Land (BareLand) Title: Federal Allocation & C of O. Location: Victoria Island, Adeola Odeku. Price: 3.5m Per SQM Ref: VI - nse - 13 Commercial DM for more Info. ️ 09053609728, 08156439571.

Victoria Island (VI), Lagos
3400 sqm
Big River Properties and Logistics
2500SQM Fenced Bareland in a Good Location — Off Adeola Odeku, Victoria Island (VI), Lagos
Premium
3
₦6,250,000,000

Land for sale

2500SQM Fenced Bareland in a Good Location

2500sqm fenced Bareland in a strategic location at Victoria island Sales price : N6,250,000,000 Land size : 2500sqm Title : CofO For inspection call: 09036860754

Off Adeola Odeku, Victoria Island (VI), Lagos
2500 sqm
Goplug Realty

Showing 1–20 of 90 properties

Area Guide

About Victoria Island (VI), Lagos

Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.

Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.

The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.

Read the full area guide
FAQ

Frequently asked questions

The average price of land on Adeola Odeku Street, Victoria Island (VI), Lagos is ₦5,500,000,000.

The price of the most expensive land on Adeola Odeku Street, Victoria Island (VI), Lagos is ₦17,000,000,000.

The price of the cheapest land on Adeola Odeku Street, Victoria Island (VI), Lagos is ₦5.

There are 90 available land on Adeola Odeku Street, Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for land on Adeola Odeku Street, Victoria Island (VI), Lagos range from ₦5 to ₦17,000,000,000.

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