15000sqm Of Strategically Located Land On Offer-former Fuel Station

For Sale --- 2.5 Acres (15 Plots) Former Gas Station Site ---
LASU Iba‑Igando Expressway, Alimosho LGA
C of O ₦1,500,000,000

Overview: Strategic roadside development opportunity on the LASU Iba‑Igando Expressway: 2.5 acres (circa 15 standard plots) formerly operated as a fuel station, now offered for sale with a clean Certificate of Occupancy (C of O). The parcel is well‑placed for a range of commercial and residential uses --- retail plaza, service station re‑development, mixed‑use scheme, corporate offices, logistics yard or gated residential development. Asking price: ₦1.5 billion.

Property summary

- Site area: 2.5 acres (approx. 15 plots)
- Location: LASU Iba‑Igando Expressway, Alimosho Local Government Area, Lagos State
- Title: Certificate of Occupancy (C of O) --- certified documents available to qualified buyers
- Asking price: ₦1,500,000,000 (One billion, five hundred million Naira)
- Current status: Formerly used as a gas/fuel station --- cleared and ready for transfer (buyer to verify site condition)

Key advantages

- Prime expressway frontage with excellent visibility and high daily traffic --- strong customer catchment for commercial uses.
- Substantial contiguous landholding ideal for sizeable commercial or gated residential developments.
- Clear C of O supports bankability and straightforward conveyancing.
- Flexible end‑use: strong suitability for mixed‑use retail/residential, convenience retail & service outlets, institutional uses or landbanking.

Suggested uses (subject to planning)

- Retail / service plaza (convenience retail, quick‑service restaurants, showroom)
- Re‑developed service station / fuel & convenience forecourt (subject to regulatory approvals)
- Small shopping mall or mixed commercial centre with office floors above
- Gated residential development: terraces/duplexes or serviced plots
- Corporate campus, logistics hub or light industrial yard (subject to zoning)

Important note --- environmental & regulatory considerationsAs the site was previously a gas station, buyers should be aware of potential environmental and remediation requirements. Recommended pre‑purchase actions include:

- Environmental Site Assessment (Phase I & II as required) to check for soil/groundwater contamination and scope of remediation.
- Decommissioning certificates (if any) and confirmation that underground tanks and hydrocarbons have been removed or safely contained --- buyer to verify with seller and responsible agencies.
- Confirm any permits/approvals required to re‑establish a fuel facility or change use to commercial/residential.

Title & documentation

- Title: Certificate of Occupancy (C of O) --- certified copies available on request to qualified buyers and solicitors.
- Supporting documents: Survey/plan and previous site operational records can be provided to qualified buyers. Buyer's solicitor should verify chain of title and any encumbrances.

Due diligence checklist (recommended)

- Legal: solicitor verification of C of O, chain of title and search for encumbrances.
- Environmental: Phase I environmental site assessment and, if indicated, Phase II site investigation and remediation cost estimate.
- Technical: site survey, topography, drainage and geotechnical investigation for foundation and design work.
- Planning: confirm permitted uses, coverage, setbacks and zoning with Lagos State planning authority and local council.
- Utilities: confirm connection points and capacities for power, water, drainage and telecoms.
- Remediation & regulations: confirm status of any fuel tanks removal, decommissioning certificates and required regulatory clearances.

Sale process & viewing

- Viewings: By appointment only for pre‑qualified buyers. Proof of funds / company profile requested before release of full documents and site access.
- Offers: Submit a Letter of Intent (LOI) with buyer details and proof of funds. Qualified buyers will receive the title pack, survey and will be invited for inspection.
- Completion: Heads of Terms followed by solicitor‑led conveyancing and completion. Buyer to budget for legal fees, stamp duty and registration charges.

Why buy this site

- Rare roadside site of scale on a busy expressway with multiple commercial and residential use possibilities.
- Good title and consolidated land area reduce transaction complexity and support flexible development strategies.
- Opportunity to unlock value quickly with an appropriate remediation and planning programme, or to hold for capital appreciation.

Contact / Next stepsTo request certified title documents, arrange a site inspection or submit an LOI, please contact:

[Agent / Seller Name]Phone: [Insert phone number]Email: [Insert email address]

DisclaimerAll information is provided in good faith and should be independently verified by prospective purchasers and their professional advisers. Price and availability are subject to prior sale and negotiation.

Ref: D. Efosa