Mixed-use land for sale
Off Freedom Way, Lekki, Lagos, Lekki Phase 1, Lekki, Lagos
Prime land for sale off freedom way, lekki
682.746 sqm certificate of occupancy (c of o) ₦750,000 per sqm total: ~₦512 million
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property overview
- location: off freedom way, lekki, lagos
- land size: 682.746 sqm
- title: certificate of occupancy (c of o)
- price per sqm: ₦750,000
- total asking price: ₦512,059,500 (682.746 sqm x ₦750,000)
- status: vacant, titled land ready for development
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key highlights
- strong c of o title -- the certificate of occupancy is the most secure form of land title in lagos, providing clear ownership and facilitating easier transactions and financing.
- competitive entry price -- at ₦750k per sqm, this asking price is at the lower end of the current market range for the freedom way corridor, presenting a potential value opportunity.
- freedom way corridor access -- being situated off this major road offers excellent connectivity to the broader lekki network while potentially providing a more serene setting than direct frontage.
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️ development potential
- private luxury residence or duplex
- a cluster of 2-3 semi-detached homes
- boutique gated complex (e.g., 4-6 unit apartment building)
- corporate guest house or office
- long-term land banking investment
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location benefits & market context
- freedom way, ikate: this is a prime and rapidly developing residential/commercial artery in the lekki region.
- current market rates (2026): verified listings show land prices along the freedom way/ikate corridor currently range between ₦800,000 to ₦1,500,000 per sqm for titled land.
- price analysis: this listing's price of ₦750k/sqm is slightly below the prevailing market minimum, which could be due to its "off" the main road position or a motivated seller. for comparison:
* a nearby 600 sqm plot was listed at ₦500k/sqm (potential distress sale).
* a large 5,000 sqm waterfront parcel on freedom way is asking ₦685k/sqm.
- growth trajectory: the area continues to benefit from sustained infrastructure development and population growth in lekki, supporting long-term value appreciation.
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investment value
- total asking price: ₦512 million
- price per sqm: ₦750,000
- market positioning: priced competitively, offering a relatively accessible entry point into the high-demand lekki market with a premium title.
- value drivers: the c of o title and location in a established growth corridor are key assets. the price allows room for value addition through development.
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verification & next steps
this listing represents a solid opportunity based on its title and price positioning. as with any significant investment, thorough due diligence is critical.
ideal for:
- individual home builders
- mid-scale real estate developers
- strategic land investors
essential actions:
1. title verification: confirm the authenticity of the c of o at the lagos state lands bureau. this is the most crucial step.
2. site inspection: visit to assess the exact location, accessibility from freedom way, terrain, and surroundings.
3. survey confirmation: engage a surveyor to verify the exact land size and beacons match the deed.
4. due diligence search: have your lawyer conduct a full land search to ensure it is free from encumbrances or disputes.
a well-priced, titled plot in the thriving freedom way corridor---a compelling proposition for a discerning buy...
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₦512,000,000
Ac Valour International
08036503218