Mixed-use land for sale
Mile 2, Kirikiri, Apapa, Lagos
Massive price reduction ---
waterfront development land (12,480 sqm) ---
camp site, opp. vanguard newspaper, mile 2 (kirikirri), amuwo‑odofin
registered conveyance
headlinerare waterfront parcel at mile 2 / kirikiri with direct strategic frontage --- now offered at a significant reduction. previously ₦7.8b, now ₦5.5b. exceptional opportunity for logistics, port‑linked, industrial or mixed‑use developers.
quick facts
- location: camp site, opposite vanguard newspaper, mile 2 --- kirikiri, amuwo‑odofin, lagos
- size: 12,480 sqm (approx. 1.248 ha)
- title: registered conveyance (certified copies available to qualified buyers)
- old price: ₦7,800,000,000 --- now: ₦5,500,000,000 (firm reduced asking)
- status: bareland --- waterfront / foreshore proximity (site inspection recommended)
overview
a high‑impact waterfront development parcel in one of lagos's most commercially strategic corridors. the site sits on the camp site strip at mile 2 --- immediate adjacency to major port‑related activity, freight routes and industrial clusters. this is a time‑sensitive sale following a substantial price reduction, offering a rare chance to secure sizable waterfront frontage in western lagos at a compelling valuation.
why this site is strategic
- waterfront & port corridor: positioned within lagos' western port catchment, close to apapa ports, container terminals and freight/logistics services --- ideal for operations that rely on fast port access.
- high visibility & accessibility: situated on the mile 2 strategic spine with direct arterial connections to apapa, the lagos--badagry expressway and inner‑city distribution routes.
- scale and consolidation: 12,480 sqm offers substantial contiguous acreage for a single‑owner masterplan --- uncommon within the port/industrial belt.
- immediate development flexibility: bareland ready for masterplanning, enabling optimised layout for yard operations, warehouses or mixed commercial uses.
potential highest‑value uses (subject to planning & approvals)
- logistics & distribution hub / container yard / freight consolidation centre
- multi‑bay warehousing and light industrial park (3pl opportunity)
- cold‑chain / perishables aggregation & processing (with retrofit)
- marine support services, boat/jetty support & logistics (subject to coastal/foreshore consents)
- large‑format commercial plaza or bulk wholesale market serving port communities
- strategic landbank for institutional investors seeking waterfront exposure
key advantages for investors & occupiers
- direct commercial synergy with apapa/mile 2 logistics and supply‑chain nodes --- reduces truck turn‑time and operating costs.
- clear registered conveyance title simplifies conveyancing and can support a faster transaction process for qualified buyers.
- price correction presents immediate upside --- acquisition at reduced capital outlay versus prior market asking.
- sufficient area to create multi‑use income streams (leases, yard fees, warehousing, value‑added services).
practical considerations & recommended due diligence
- title verification: obtain certified copy of registered conveyance and instruct solicitors to confirm chain of ownership and encumbrances.
- environmental & remediation: given prior industrial/port uses in the corridor, commission phase i (and if required, phase ii) environmental investigations to quantify any remediation needs and costs.
- flood & coastal risk: waterfront locations require specialist flood risk and coastal engineering assessments; include foreshore/jetty permission checks where relevant.
- geotechnical & drainage: soil/ground investigation to determine foundation and pavement design for heavy‑duty yard/warehouse use.
- planning & statutory consent: consult lagos state and relevant port/coastal authorities on permissible uses, setbacks, foreshore/jetty licensing and traffic/access requirements.
- utilities & services: confirm proximity/connection points for power, water and drainage, and estimate service upgrade costs for high‑capacity industrial use.
transaction process & viewing
- viewings: strictly by appointment for qualified parties. proof of funds and pre‑qualification required before full document release and site access.
- documentation: certified registered conveyance and survey will be provided to pre‑qualified buyers/solicitors under confidentiality terms.
- offers: submit a written expression of interest (eoi) or letter of intent (loi) with company profile and proof of funds. preferred buyers will be invited to inspect and proceed to heads of terms and solicitor‑led completion.
next steps / contact
for confidential enquiries, to request the title pack, arrange a site inspection or submit an loi, please contact the listing agent or facilitator (details to be provided on request).
important note
all information is provided in good faith for marketing purposes. prospective purchasers must carry out independent legal, technical and financial due diligence. the seller reserves the right to accept an offer at any time.
contact: mr. kola adesina (edba)
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda.
serious proposals only.
*how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
*please feel free to browse our other featured properties
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₦5,500,000,000
The Build Centre Properties
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