Prime 3888sqm Of Corner Development Land For Acquisition

FOR SALE- WATCH VIDEO ABOVE

Prime Corner Development Land ---
3,888 sqm (≈1 Acre / 6 Plots) ---
Edmond Crescent (off Murtala Muhammad Way), Yaba
Certificate of Occupancy ---
₦2,500,000,000 (Net)

Price & title

- Asking price: ₦2,500,000,000 (Two Billion, Five Hundred Million Naira) --- Net
- Title: Certificate of Occupancy (C of O) --- originals available for verification
- Possession: Vacant possession; sale being taken to mandate

Location & site

- Address: Edmond Crescent, off Murtala Muhammad Way, Yaba, Lagos
- Prominent position: Corner piece directly opposite Presbyterian Church / Yaba Bus Stop --- exceptional frontage and pedestrian/vehicular exposure on a busy transport node
- Site area: 3,888 sqm (approximately 1 acre or equivalent to six standard plots) --- contiguous, regular parcel ideal for large-scale development

Why this site stands out

- Exceptional visibility and access: Immediate frontage to a high-traffic corridor linking Yaba's commercial and tech districts to Lagos mainland routes. Excellent public transport catchment (bus stop directly opposite) and easy access to Third Mainland Bridge, CMS and nearby business hubs.
- Strategic Yaba location: Yaba is Lagos's fastest-growing innovation and commercial precinct (tech hubs, universities, retail and creative clusters) --- strong demand for mixed commercial and residential product.
- Large contiguous corner parcel: Rare offering of nearly 4,000 sqm on Yaba with multi-street exposure --- supports a wide range of high-value developments and efficient site circulation for vehicles and service access.
- Vacant possession & clean C of O: Streamlines acquisition and post‑purchase mobilisation for developers and institutional buyers.

Highest & best uses (suggested)

- Boutique or business hotel with conference/banquet facilities (leveraging transport accessibility)
- Shopping plaza / retail & F&B destination serving the Yaba commuter catchment and nearby residential estates
- Event hall / conferencing centre with parking and back‑of‑house facilities
- Mid‑rise residential apartments, serviced apartments or mixed‑use podium + residential tower
- Institutional use: private school, healthcare facility or corporate campus (subject to planning)

Site & development advantages

- Corner frontage enables multiple access points, clear drop‑off/valet zones, prominent signage and superior daylight for buildings.
- Size supports on‑site parking (basement or podium), landscaped amenity and service yards --- uncommon in dense Yaba precincts.
- Strong tenant pool nearby: tech firms, corporates, students, residents and commuters provide diversified demand for retail, hospitality and residential products.
- Quick to market: vacant possession and C of O reduce transactional friction and shorten project mobilisation timelines.

Documentation & due diligence

- Available: Certificate of Occupancy (C of O) and survey particulars --- originals to be presented for qualified buyers.
- Recommended buyer due diligence: legal title search; survey & boundary verification; planning/zoning confirmation (permitted coverage, setbacks, allowable storeys/FAR); geotechnical and flood risk assessment; utility capacity checks (power, water, drainage); environmental screening; traffic/access study for proposed uses.

Transaction process & next steps

1. Submit Expression of Interest (EOI) with proof of funds (POF) or bank reference.
2. NDA executed and full documentation pack released to qualified parties.
3. Arrange site inspection and technical walkthrough with buyer's consultants.
4. Submit formal offer; agree Heads of Terms and deposit to reserve the site.
5. Proceed to legal conveyancing and completion.

Investment highlights summary

- Prime Yaba address at a busy transport node with instant visibility and accessibility.
- Large corner parcel (3,888 sqm) offering rare scale for high‑value commercial, hospitality or residential projects.
- Clean C of O and vacant possession enable rapid takeover and development.
- Attractive for developers, institutional investors, hotel operators and retail/education groups targeting the Yaba growth corridor.

Legal & disclaimer
All information provided is indicative and supplied in good faith. Prospective purchasers must undertake independent legal, technical and financial due diligence. Price, availability and particulars are subject to verification and may change without notice.

Ref: Daka