Mixed-use land for sale
900 SQMS Land
Banana Island, Ikoyi. Corner Piece. 900 SQM. Mixed-Use Zone. ₦4,800,000,000. Confirm the Title Before You Confirm Anything Else. This Is Priced Like Banana Island's Strongest Title Tier --- Verify That It Actually Is. The problem There's a category of Banana Island land listing that prices itself at the top of the market without stating the one detail that justifies being there --- the title instrument. Corner-piece plots in Banana Island's mixed-use zone currently trade across a real range: standard Lagos State C of O land around ₦3,700,000 to ₦4,300,000 per sqm, and Federal C of O land --- the stronger, more institutionally recognized title --- commanding ₦4,500,000 to ₦5,500,000 per sqm. A near-identical comparable, also 900sqm, also a corner piece in the mixed-use zone, is listed elsewhere at ₦5,000,000,000, with its title simply described as "Lagos Title" --- itself a vague term that doesn't confirm Federal versus State C of O either. This listing is 900sqm, corner piece, mixed-use zone, ₦4,800,000,000 --- approximately ₦5,333,000/sqm. That rate sits inside the Federal C of O premium tier. Whether this specific plot actually carries that title is the first thing a serious buyer needs answered, not assumed. The agitation Here's why the title question isn't a formality on Banana Island specifically. A Federal Certificate of Occupancy and a Lagos State Certificate of Occupancy are not interchangeable in strength or in how the market prices them --- the comparable data above shows a genuine, consistent gap of roughly ₦800,000 to ₦1,000,000 per sqm between the two tiers on nearly identical corner-piece plots in the same mixed-use zone. Paying Federal C of O-tier pricing for land that turns out to carry a Lagos State C of O, or an unperfected title requiring further registration, means overpaying by a material margin on a 900sqm parcel --- potentially several hundred million naira. This isn't a reason to walk away from the listing. It's a reason to ask one direct question before responding to anything else in the description: which specific title instrument does this plot carry, and can it be verified against the original allocation documents before an offer is made. The solution 900 square metres, corner piece, mixed-use zone, Banana Island, Ikoyi. ₦4,800,000,000. Title to be confirmed directly with the agent. Here is what's genuinely verified and what needs confirming: Verified: Banana Island address. No serious buyer needs to be sold on the address itself --- it remains Lagos's most consistently valuable and demand-constrained residential and mixed-use enclave, with land supply that doesn't expand. Verified: Corner-piece positioning in the mixed-use zone. Corner plots typically command a premium over mid-block plots due to dual road frontage and greater design flexibility for a mixed-use development --- consistent with why this listing and its closest comparable both carry premium pricing. Verified: 900sqm. A workable footprint for a mixed-use residential-commercial development, consistent with what's trading elsewhere in the same zone. Unconfirmed: title instrument. This is the single most important verification step before proceeding. Request written confirmation of whether this is a Federal C of O, Lagos State C of O, or another instrument, and request the original documentation for independent solicitor review. Why this beats going in without asking. A buyer who confirms Federal C of O title gets a defensible, market-consistent price at the top of Banana Island's corner-piece range. A buyer who discovers a weaker title after the fact has overpaid relative to the comparable market --- the ₦800,000,000 to ₦1,000,000 per sqm gap between title tiers on comparable plots. The call to action 900sqm. Banana Island, Ikoyi. Corner piece, mixed-use zone. ₦4,800,000,000. Title requires direct confirmation. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what is the confirmed title instrument, and is documentation available for immediate solicitor review? Serious inquiries only. Do not proceed to a site visit or offer until title is confirmed in writing. The address is already Banana Island --- that part isn't in question. The corner position is already stated --- that part checks out. The title is the one line this listing left blank, and it's the line worth the most. Land Type: Mixed-use Land (Corner Piece) Size: 900 sqm Price: ₦4,800,000,000 Title: Not stated in listing --- confirm directly with agent before proceeding Location: Banana Island, Ikoyi, Lagos Market Comparable Context (Banana Island mixed-use corner-piece land): 900sqm corner piece, mixed-use zone, Banana Island --- ₦5,000,000,000 ("Lagos Title," unspecified) 1,000sqm, mixed-use, Lagos State title --- ₦3,700,000/sqm 2,025sqm corner piece, Federal C of O --- ₦4,500,000/sqm 500sqm, Federal C of O --- ₦5,000,000/sqm 850sqm waterfront, Federal Governor's Consent --- ₦5,500,000/sqm This listing: 900sqm corner piece, mixed-use zone --- ₦4,800,000,000 Posted: 15 August 2026 Listed by: Smilebay Realties Limited --- Ref: #362-387-5
