Prime 3,400sqm Land Parcel For Commercial Or Mixed-use Development
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Property Description
Prime 3,400sqm Land Parcel for Commercial or Mixed-use Development in Victoria Island, Lagos
This is a rare opportunity to acquire a prime 3,400sqm land parcel strategically positioned in Victoria Island; one of the most vibrant commercial corridors in Victoria Island.
With excellent visibility, heavy traffic flow, and strong business presence, this property is ideal for high-impact commercial or mixed-use developments.
Position your investment where business happens
This is a very high-visibility, high-value land parcel perfect for building a signature commercial project in Victoria Island.
DEVELOPMENT POTENTIAL
Corporate office complex / headquarters
Retail plaza / shopping complex
Hotel or serviced apartments
Mixed-use high-rise development
FEATURES
Located on prime commercial axis
Large 3,400sqm development plot
High foot traffic & visibility
Excellent road access & connectivity
Surrounded by top businesses, banks & corporate offices
Positioned in a high-demand commercial zone
WHY THIS PROPERTY?
Ideal for developers & institutional investors
Strong rental yield & capital appreciation
Located in Lagos' commercial powerhouse district
Perfect for landmark development projects
High tenant demand & quick absorption potential
Price: ₦2,500,000 per sqm
N.B: -Suitable for commercial or mixed-use development
-Excellent visibility and accessibility
Image code: CPP LD360
To schedule a viewing, send a dm or call,
+234 813 868 2907 or, +234 911 064 9112
Property Details
| Property Ref: 3458909 | Added On: 30 Apr 2026 | Last Updated: 30 Apr 2026 |
| Market Status: Available | Type: Commercial Land | Total Area: 3,400 sqm |
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-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.
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, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.
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 by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.
There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.
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 Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.
Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.
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 one of the hottest clubs in Lagos, and many celebrities frequent it.
Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.
At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.
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 Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).
Read the full area guide for Victoria Island (VI), Lagos.
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