8+ Plots
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Property Description
Bulk Land Portfolio For Sale in Satellite Town, Alakija, Lagos
8+ Plots Federal Government C of O Title ₦1.7B (Discounted to ₦1.4B)
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Property Overview
- Location: Satellite Town, Alakija, Lagos.
- Portfolio: Over 8 contiguous empty plots of land.
- Title: Federal Government Certificate of Occupancy (C of O).
- Original Price: ₦1.7 Billion.
- Discounted Price: ₦1.4 Billion.
- Status: Bulk vacant land ready for large-scale development.
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Key Highlights
- Strategic Bulk Acquisition: A rare opportunity to secure a significant land bank (8+ plots) in a single transaction, ideal for a master-planned estate or phased project.
- Federal Title Structure: The Federal C of O is a distinct title type, indicating original allocation from the Federal Government. This can be a strong title but is verified through different channels than state titles.
- Immediate Discount Incentive: The advertised price is presented at a ₦300 million discount, offering a defined value proposition for a bulk purchaser.
- Satellite Town Growth Corridor: Positioned in a major and established residential/commercial hub along the Lagos-Badagry Expressway, with consistent demand.
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Market & Strategic Context
- Scale Advantage: Acquiring multiple plots at once typically allows for a better effective price per plot and enables comprehensive planning.
- Development Efficiency: A portfolio of this size allows for cost-effective, phased development, shared infrastructure, and the creation of a landmark community.
- Title Specifics: Properties with Federal C of O titles represent a specific segment of the market and can attract institutional interest.
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️ Development Potential
- Large Gated Residential Estate
- Mixed-Use Commercial Development
- Phased Affordable Housing Project
- Institutional Campus (School, Corporate Training Ground)
Ideal For: Large-scale development companies, real estate investment groups, institutions, or developers focused on creating a major project in a key growth corridor.
A substantial bulk land opportunity for a strategic developer to create a landmark project in a well-established Lagos suburb.
Property Details
| Property Ref: 3316583 | Added On: 29 Jan 2026 | Last Updated: 29 Jan 2026 |
| Market Status: Available | Type: Commercial Land |
Interesting Facts
Ojo is home to LASU, one of Nigeria's most prestigious higher learning institutions, as well as Alaba International Market, the country's largest electronic market. It is also the birthplace of Brymo, a famous Nigerian singer, songwriter, and author.
Leisure and Shopping
To meet your shopping needs, Ojo has local markets such as Alaba Rago, Alaba International Market, and Ajagbadi, as well as an indoor supermarket like Twins Faja Supermarket.
Popular Estates
When deciding where to live in Ojo, affordability, peace and overall comfort are top priorities. Teju Royal Estate, Post Service Estate, and Iba Estate are just a few of the many residential areas that have all of these amenities and more.
Day Life
If you want to enjoy the outdoors in Ojo without spending a fortune, Masas Cinema, Dastiny Spa, and Ilashe Beach are all options for relaxation.
Night Life
If you want to experience Ojo's nightlife, places like Flex Bar Spa and Hotel, Mikkens Lounge, and Unique Caesar are a few to visit after a long day.
Schools
If academic achievement for your children is important to you, there are schools in Ojo that are up to the task. White-Waters, Caritas College, Blessed Redeemer School, Treasure Court College, and the renowned Lagos State University are all within the area.
Read the full area guide for Ojo, Lagos.
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Disclaimer
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 5 months ago
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