Commercial Land for Sale in Victoria Island (VI), Lagos
There are 123 land for sale in Victoria Island (VI) as of 17 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.
Super investment opportunity in Victoria Island premier high street. Dealing with direct mandate. Land size: 24,000sqm bareland Location: cornerpiece of Ozumba Mbadiwe Road by Ahmadu Bello Way, Victoria Island, Lagos Title: registered deed of assignment with 38 years unexpired. Plus approval for HIGH-Rise Hotel Development Price: $4,500 per square meter net Note importantly that NO fragmented sale selling whole at once. Lugardrent
Cornerpiece of Ozumba Mbadiwe Road by Ahmadu Bello Way, Victoria Islan, Victoria Island (VI), Lagos
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24000 sqm
Charis Estate
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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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1
₦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. Remi
Ahmadu Bello Way, Victoria Island (VI), Lagos
2800 sqm
Flowtouch Properties
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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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₦1,300,000per sq.m
Commercial land for sale
6,615 SQM of Land
Oniru land for sale directly on Corporation drive beside landmarks tower Size 6,615m2 @ N1,3m / M2
Water Cooperation Drive Beside Landmark Tower, Oniru, Victoria Island (VI), Lagos
Bayus Estate Business World
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₦4,575,000,000
Commercial land for sale
1,525SQM Commercial Land with Road Frontage
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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3
₦3,500,000,000
Commercial land for sale
Land on Festival Road
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, 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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1
₦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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2
₦3,000,000per sq.m
Commercial land for sale
1525SQM of Prime Commercial Bareland
1525sqm of prime commercial bareland on Saka Tinubu VI. Price 3m per sqm Title lagos state c of o Contact 09169725780
Saka Tinubu, Victoria Island (VI), Lagos
1525 sqm
Danna Properties
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1
₦7,500,000,000
Commercial land for sale
Commercial Land
For outright sale -- Prime Victoria Island Property (VI, LAGOS) 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. Kindly contact for more information and private inspection. It can be shared for serious investors.
Off Ademola Adetokunbo, Victoria Island (VI), Lagos
2084 sqm
Oskmo Fenyovie Resources LTD
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1
₦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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13
₦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 Estate
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1
₦4,575,000,000
Commercial land for sale
1, 525SQM Commercial Land with Road Frontage
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
Victoria Island (VI), Lagos
1525 sqm
Healthy Living Topnotch Properties
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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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₦2,000,000,000
Commercial land for sale
Land with Existing Structure
-- victoria island Location: Victoria Island, Lagos Land Size: 710 SQM (with existing structure) Title: Governor's Consent Price: ₦2 Billion Net Prime investment opportunity in Victoria Island. Serious buyers and direct investors are welcome.
Oniru, Victoria Island (VI), Lagos
710 sqm
Comaxcrew Consult
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1
₦5,220,457,500
Commercial land for sale
Commercial Land Area: 2, 088.183 SQM
For sale a prime commercial land Location: Victoria Island, Lagos Land Area: 2,088.183 sqm Price: ₦2,500,000 per sqm Title: Lagos State C of O with Consent This is a prime land in a highly sought-after location. TheRust
Victoria Island (VI), Lagos
Charis Estate
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₦7,500,000,000
Commercial land for sale
Commercial Land
Direct brief -- for sale avb zone, eko atlantic two plots @ ₦7.5B each prime waterfront land 3,336 SQM & 3,356 SQM Global C of O Below Market: ∼$1,450/sqm vs US$2,000/sqm Benchmark principals only Location: Avb Zone, Eko Atlantic City, Victoria Island, Lagos Use: Approved for High-Rise Mixed-Use Development Title: Global C of O. Full due diligence documents available The offer: - Plot 1: 3,336 sqm --- ₦7,500,000,000 - Plot 2: 3,356 sqm --- ₦7,500,000,000 WHY this is institutional grade: Location --- avb Zone. The most premium block in Eko Atlantic. Infrastructure-ready + oceanfront. Pricing --- Both plots priced well below current market benchmark of US$2,000/sqm. Scale --- Large footprints ideal for luxury towers, Grade a office, or 5-star hotel. Title --- Global C of O. Bankable, secure, and foreign-investor friendly. This is rare waterfront land in Africa's most ambitious city. Won't last. For Survey & Inspection WhatsApp / Call: 08028273500
Eko Atlantic Avb Zone, Victoria Island (VI), Lagos
3336 sqm
Astute Realtors
Showing 1–20 of 123 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.
The price of the most expensive commercial land for sale in Victoria Island (VI), Lagos is ₦21,500,000,000.
The price of the cheapest commercial land for sale in Victoria Island (VI), Lagos is ₦2,300,000.
There are 123 available commercial land for sale in Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.
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