Commercial Land for Sale in Victoria Island (VI), Lagos
There are 117 land for sale in Victoria Island (VI) as of 22 Sep 2026, with an average price of ₦4.6B. 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.
Prime Commercial Land Saka Tinubu, VI 1,525 Sqm with excellent road frontage and visibility. Ideal for corporate headquarters, bank, restaurant, lounge/club, event centre, office complex or other commercial development. 1,525sqm Lagos State C of O ₦3,000,000 per sqm video will be provided upon request
Saka Tinubu, Victoria Island (VI), Lagos
1525 sqm
Gripzace Realty LTD
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₦5,337,500,000
Commercial land for sale
1,525SQM Commercial Land
Prime Commercial Land Saka Tinubu, VI 1,525sqm with excellent road frontage and visibility. Ideal for corporate headquarters, bank, restaurant, lounge/club, event centre, office complex or other commercial development. 1,525sqm Lagos State C of O ₦3.5M/sqm Agency fee: 5%
Saka Tinubu, Victoria Island (VI), Lagos
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1525 sqm
Phoenix Rising Property Development and Services LTD
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₦9,000,000,000
Commercial land for sale
2,800 SQM Commercial Land
Prime VI land opportunity: 2,800SQM on ahmadu bello way We have an off-market investment opportunity on one of Lagos' most prestigious commercial corridors. Key Details: Location: Ahmadu Bello Way, Victoria Island, Lagos Size: 2,800 Sqm Title: C of O Status: Existing functioning office spaces measuring approximately 1090 sqm lettable space. Price: ₦9B Serious inquiries only. Remi
Ahmadu Bello Way, Victoria Island (VI), Lagos
2800 sqm
Flowtouch Properties
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1
$4,000,000
Commercial land for sale
Commercial Property on Akin Adesola Street
Property Details Location: Akin Adesola Street, Victoria Island, Lagos Property Type: Commercial Property Land Size: 1,000 SQM Property: Existing Commercial Structure on Cornerpiece Land Price: US$4 Million Transaction: Sale Title / Documentation: Lagos State Certificate of Occupancy (C of O) Registered Deed Approved Survey Zahari View This 1,000 SQM cornerpiece commercial property on Akin Adesola Street, Victoria Island, comprises an existing commercial structure positioned within an established business corridor of Lagos. The corner configuration and existing structure provide prospective buyers with the option to assess the property as an existing commercial asset or consider its future redevelopment potential, subject to the relevant planning and development requirements. For prospective buyers, the assessment should go beyond the property's location. Particular attention should be given to the structural condition, current use, title documentation, approved land use, development parameters, access and potential redevelopment requirements before acquisition. Property Highlights 1,000 SQM land size Cornerpiece property Existing commercial structure Located on Akin Adesola Street, Victoria Island Established business corridor Lagos State C of O Registered Deed Approved Survey Potential for continued commercial use or redevelopment, subject to approvals Asking price: US$4 Million Why This Property Deserves Attention The property's cornerpiece configuration is an important characteristic for buyers assessing a commercial site. The position may provide multiple access considerations and greater flexibility when evaluating the existing structure or future development possibilities. The existing commercial structure also allows the buyer to assess the property from two perspectives: its potential as an existing commercial asset and its underlying land value. Before making either assessment, buyers should establish the structural condition of the building, approved use, planning status and development parameters applicable to the property. Buyer's Perspective Before purchasing, prospective buyers should request detailed information about: Current condition of the existing structure Structural integrity assessment Existing commercial use Approved land use Building approvals and permits Development parameters Building height restrictions Setback requirements Parking requirements Corner access and road frontage Utility infrastructure Drainage Survey and exact boundaries Title and ownership documentation Existing tenancy or occupancy arrangements, where applicable Any restrictions or encumbrances These details can help determine whether the property is better suited to continued commercial use, refurbishment or redevelopment. Investment Perspective For an investment-focused purchaser, the assessment should include the US$4 million acquisition price, land size, existing structure, location, commercial use, potential rental or operating income and future redevelopment costs. The property's position within Victoria Island's established business environment may be relevant to buyers considering commercial property exposure. However, the investment assessment should be based on verified rental, operating, development and market information rather than location alone. A buyer considering redevelopment should also establish the permitted development parameters and total construction economics before committing to a particular strategy. Investor / Buyer Note Serious buyers should conduct independent due diligence covering: Verification of the Lagos State C of O Verification of the Registered Deed Verification of the Approved Survey Ownership verification Survey and boundary confirmation Physical inspection of the existing structure Structural assessment Current land use Planning and development approvals Development density Building height limitations Setback requirements Parking requirements Road access and corner frontage Utility infrastructure Drainage and environmental considerations Existing tenancy or occupancy arrangements Any encumbrances or restrictions Feasibility of refurbishment or redevelopment a physical inspection and professional legal, structural and planning assessment are strongly recommended before proceeding with the acquisition. Documentation The stated documentation includes a Lagos State Certificate of Occupancy, Registered Deed and Approved Survey. These documents should be made available for independent verification by serious prospective buyers. The buyer should also establish whether the existing structure and its current use correspond with the relevant approvals and planning requirements. Appropriate legal, surveying, structural and planning professionals should be engaged to review the documentation and property before completing the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe a commercial property should be evaluated through both its existing asset value and its underlying development potential. For this 1,000 SQM cornerpiece on Akin Adesola Street, the existing commercial structure provides one route for assessment, while the land and location provide another. The buyer should establish whether the existing structure meets their intended operational requirements or whether refurbishment, modification or redevelopment would provide a more appropriate strategy. The corner position, access, planning parameters, documentation and structural condition should therefore all be considered together before determining the property's practical value to the buyer. Asking Price US$4 Million 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 is based on details provided at the time of listing. Land size, title, ownership, documentation, structural condition, existing use, planning approvals, development parameters and other property information should be independently verified by the prospective buyer before making an offer or completing a transaction.
Akin Adesola Street, Victoria Island, Victoria Island (VI), Lagos
Added yesterday
Zahari Properties
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3
₦9,000,000,000
Commercial land for sale
Land
Sales in victoria island a prime and exceptional investment opportunity to acquire a strategically located landed property. Property Details *Land Size: 2,800 sqm *Title: Federal Certificate of Occupancy (89 years unexpired) Price: ₦9 Billion (Net) Property Features: Existing office building Fully fenced premises *Ideal for office use, also with potential for residential or redevelopment. Location: Along Ahmadu Bello Way, Victoria Island, Lagos
Ahmadu Bello Way, Victoria Island (VI), Lagos
2800 sqm
Kland Realtors
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₦3,000,000per sq.m
Commercial land for sale
2,000SQM of Bare Land Suitable for Highrise
2,000sqm* of bareland on Bishop Oluwole Street suitable for Highrise Development with Lagos CofO N3m per sqm
Bishop Oluwole Street, Victoria Island (VI), Lagos
2000 sqm
R.W Properties & Consultant LTD
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₦3,000,000per sq.m
Commercial land for sale
2,100SQM Fenced and Gated Commercial Plot
2,100sqm* fenced and gated commercial plot Off Sanusi Fafunwa Street lasg CofO N3m per sqm
Off Sanusi Fafunwa Street , Victoria Island (VI), Lagos
2100 sqm
R.W Properties & Consultant LTD
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₦2,000,000per sq.m
Commercial land for sale
6,500SQM, 3,250SQM Land with Structures
6,500.849sqm, 3,250sqm* land with structures at Saka Tinubu, Off Akin Adesola, Victoria Island FG C of O ₦2M per sqm
Saka Tinubu, Off Akin Adesola Street, Victoria Island (VI), Lagos
R.W Properties & Consultant LTD
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₦15,000,000,000
Commercial land for sale
2600 SQM Cornerpiece Land with Structures
Ref: VI - nse - 23 Description: 2600 SQM Cornerpiece Land - With Structures Title: C of O Location: Victoria Island Price: N15B Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715
Younis Bashorun, Victoria Island (VI), Lagos
2600 sqm
No SQM Escapes
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1
₦4,000,000per 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 (VI), Lagos
Zahari Properties
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₦2,500,000per sq.m
Commercial land for sale
Mixed-Use Land Measuring 4, 557SQM
Mixed-Use Land Measuring 4557sqm Location: Along the Coastal Road, Oniru, Lagos Price: N2,500,000 per sqm Title: Deed of Assignment
Along Coastal Road, Oniru, Victoria Island (VI), Lagos
4557 sqm
F. a. Esan Consulting
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7
₦18,000,000,000
Commercial land for sale
4, 500SQM Virgin Water-Front Land for Hotel or Commercial Building
Virgin Water-Front land measuring 4,500 sqm with Embankment and Approved for Commercial Purpose located along Ozumba Mbadiwe Way, Victoria Island, Lagos. Neighbourhood details: Victoria Island remains one of the most commercially valuable real estate markets in West Africa. Its concentration of corporate headquarters, premium infrastructure, luxury lifestyle amenities, and sustained demand for high-quality properties makes it a prime location for property investment, development, and marketing. Despite challenges such as traffic congestion and high development costs, its prestige, rental potential, and long-term appreciation continue to make it one of Nigeria's strongest real estate markets. Site details: Square-shaped site, Water-front Site, Front Plot (facing Ozumba Mbadiwe), Flood-free site; slightly over 4500 sqm, etc. Financials/terms: Sale Price is NGN18,000,000,000 (EIGHTEEN billion NAIRA). Title is Lagos Certificate of Occupancy. Agency Fee applies. All pricing are as at august 4, 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.
Victoria Island (VI), Lagos
4500 sqm
First Colony Real Estate Company LTD
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$7,000,000
Commercial land for sale
Commercial Land
Land For Sale Eko-atlantic commercial zone Size: 2400sqm Title: Governor's Consent Price: 7M Dollars
Eko Atlantic, Victoria Island (VI), Lagos
2400 sqm
Seek Gold Property and Realty
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₦3,200,000per sq.m
Commercial land for sale
4,200SQM Commercial Land
Prime Sale in Victoria Island 2 (nos) Detached houses on 4,200sqm on Adetokunbo Ademola Street Price: N3.2m p/sqm Title: Lagos C of O
Adetokunbo Ademola Street, Victoria Island (VI), Lagos
4200 sqm
Keland & Associates
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3
₦3,500,000,000
Commercial land for sale
Commercial Land
Start Construction right away with this deal !!!!!!! Prefect for commercial structures, get your roi in 5 years using long lease sellout model ( contact Amadi Gift for more +234 812 237 1322) Size: 950sqms Festival Road, Victoria Island. Full on residential axis of VI. : Building approval for 5 floors and above. : Pilling done. : Residential / Commercial axis of Victoria island. Factoring the pilling and current approval for 5-7floors we are asking at N3.5BN. For more information : +234 812 475 1796
Festival Road, Victoria Island (VI), Lagos
Victoria Acres Limited
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4
₦7,500,000,000
Commercial land for sale
A Land with an Existing Structure
A land approximately 2084sqm of premium land located in a highly secured and prestigious area of Victoria Island, Off Ademola Adetokunbo V.I Lagos. The property comes with two existing buildings on site, making it suitable for redevelopment, corporate headquarters, luxury apartments, or commercial use. Location: Victoria Island, Lagos Size:2084sqm (Approx.) Price: ₦7.5B asking Title: Certificate of Occupancy (C of O) Structure: 2 existing buildings on site Transaction: Outright purchase only This is a rare investment opportunity in a prime commercial location, suitable for serious investors and developers.
Off, Ademola Adetokunbo, Street, Victoria Island (VI), Lagos
2084 sqm
John360homes
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₦3,000,000
Commercial land for sale
1,525SQM Commercial Land
Prime Commercial Land Saka Tinubu, VI 1,525sqm with excellent road frontage and visibility. Ideal for corporate headquarters, bank, restaurant, lounge/club, event centre, office complex or other commercial development. 1,525sqm Lagos State C of O ₦3M/sqm Agency fee: 5% @ag_kem$$ Lawal
Victoria Island (VI), Lagos
Gui Integrated Concept Limited
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₦3,500,000,000
Commercial land for sale
1, 200SQM Commercial Land in a Strategic Business Location
Commercial land in VI. Size 1,200sqm location: Victoria Island Lagos. Price: ₦3.5b title: Certificate of Occupancy (C of O) Brokerage fee applies. Please note there is a temporary structure on the land owned by a furniture house Dealing with the company in charge (MTom)
Victoria Island (VI), Lagos
1200 sqm
Leaders Properties Limited
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₦9,000,000,000
Commercial land for sale
2, 800SQM Commercial Land
Prime VI land opportunity: 2,800SQM on ahmadu bello way We have an off-market investment opportunity on one of Lagos' most prestigious commercial corridors. Key Details: Location: Ahmadu Bello Way, Victoria Island, Lagos Size: 2,800 Sqm Title: C of O Status: Existing functioning office spaces measuring approximately 1090 sqm lettable space. Price: ₦9B Serious inquiries only.
Ahmadu Bello Way, Victoria Island (VI), Lagos
50 Parking
2800 sqm
Epta Luxury Estates
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₦9,000,000,000
Commercial land for sale
2800 SQM Commercial Land with Building
2,800sqm at Ahmodu Bello Way with federal C of O (89yrs) fenced with detached building. 9 billion net.
Victoria Island (VI), Lagos
2800 sqm
Charis Luxury Estate
Showing 1–20 of 117 properties
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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.
The average price of commercial land for sale in Victoria Island (VI), Lagos is ₦4,580,000,000.
Most commercial land for sale in Victoria Island (VI), Lagos are priced between ₦2,500,000,000 and ₦9,000,000,000.
The price of the most expensive commercial land for sale in Victoria Island (VI), Lagos is ₦21,000,000,000.
The price of the cheapest commercial land for sale in Victoria Island (VI), Lagos is ₦2,300,000.
There are 117 available commercial land for sale in Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.
More property for sale around Victoria Island (VI)
