Nigeria Property Centre

Unfurnished Commercial Land for Sale in Ikoyi, Lagos

There are 28 land for sale in Ikoyi as of 16 Oct 2026, with an average price of ₦900M. 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.

Browse by area in Ikoyi
Banana Island Falomo Old Ikoyi Osborne Parkview
Neighbourhoods
2nd Avenue Estate 3rd Avenue Abacha Estate Abdullahi Adamu Estate Awolowo Road Banana Island Bourdillon Road Cooper Road Dolphin Estate Estates Gerrard Road Grenadines Skyvilla Mojisola Onikoyi Estate Osborne Foreshore Estate Osborne Phase 1 Osborne Phase 2 Queen's Drive Shoreline Estate
All land types All localities in Lagos

1–20 of 28 properties for sale

Get alerts for this search You'll get alerts for this search

We'll email you when a new listing matches Commercial Land for Sale in Ikoyi, Lagos.

Alert on Manage alerts
Exclusive Waterfront Land — Banana Island Waterfront, Banana Island, Ikoyi, Lagos
Premium
1
₦55,000,000,000

Commercial land for sale

Exclusive Waterfront Land

Exclusive sale --- 10,000SQM = ₦55 billion banana island ₦5.5M/SQM agency fee 5% = ₦2.75 billion dual C of O federal & lagos state last waterfront on banana Attention: Visionary Developers & Capital Groups Property Snapshot: - Location: Banana Island Waterfront, Ikoyi, Lagos - Size: 10,000 SQM --- Fully Reclaimed & Sandfilled - Title: dual C of O --- Federal & Lagos State All Documents Intact & Verifiable - Price: ₦5.5M per SQM - Total Value: ₦55,000,000,000 (Fifty-Five Billion Naira) - Agency: 5% = ₦2,750,000,000 (Two Billion Seven Hundred & Fifty Million Naira) --- Payable by Buyer Why smart money is moving: 1. Ultimate Scarcity: The last premium waterfront available on Banana Island 2. Unmatched Value: Waterfront assets appreciate 3x faster --- Ideal for Luxury Towers, 5-Star Hotel, or Ultra-Luxury Estate 3. Bankable Title: Dual C of O --- Fully Bankable, Investable & Resellable 4. Perfect Timing: Banana Island is 100% Sold Out --- This is Your Only Entry Terms: Proof of Funds (POF). Eoi required for inspection. WhatsApp / Call: 08165756924

Banana Island Waterfront, Banana Island, Ikoyi, Lagos
10000 sqm
Propertio Luxury
Carcass Office on Land Measuring 400SQM — James George Street, Off Alagbon Close, Old Ikoyi, Ikoyi, Lagos
Premium
8
₦550,000,000

Commercial land for sale

Carcass Office on Land Measuring 400SQM

For sale office carcass James George Street, off Alagbon Close, ikoyi. Landsize:400sqm Price: ₦550M lagos state C of O + Planning Approval 10+ Car Parking Secure Gated Frontage Ideal for Corporate HQ, Tech Hub or Professional Office.

James George Street, Off Alagbon Close, Old Ikoyi, Ikoyi, Lagos
Oip Properties
Premium
₦1,800,000,000

Commercial land for sale

Land Measuring 450SQM with Demolishable Structure

Commercial 450sqm Land with demolishable structure . Location: Awolowo Road, Ikoyi. Price: 1.8bn Maos/W

Awolowo Road, Ikoyi, Lagos
450 sqm
Oip Properties
Strategic 450 SQM Plot — Facing Awolowo Road, Falomo, Ikoyi, Lagos
Premium
1
₦1,200,000,000

Commercial land for sale

Strategic 450 SQM Plot

Strategically located along awolowo road High visibility High traffic 450 sqm Title. Cfo

Facing Awolowo Road, Falomo, Ikoyi, Lagos
Vallecano Ventures
Commercial Land — Ikoyi, Lagos
Premium
1
₦2,750,000,000

Commercial land for sale

Commercial Land

An exceptional investment opportunity in the heart of South West Ikoyi

Ikoyi, Lagos
Adroit Engineering Co. LTD
Premium
₦4,500,000 per sq.m

Commercial land for sale

Commercial Land

A rare, high-visibility corner plot suited for commercial or mixed-use development in Ikoyi For Sale Location: Kingsway Road by Rumens Road Size: 4,876sqm Title: Federal C of O Price: N4.5M per sqm

Kingsway Road by Rumens Road, Off 2nd Avenue, Ikoyi, Lagos
4876 sqm
Primestar Realty Limited
Premium
₦4,500,000

Commercial land for sale

Prime 4600 SQM Land

An exceptional development opportunity in one of Ikoyi's most prestigious locations, offering prime land in Ikoyi, Lagos. With a premium location, secure title documentation, and a valid building approval, the property is well suited for high-end residential development and strategic real estate investment. Property Details Property Type Prime Development Land Location Ikoyi, Lagos Total Land Size 4,600 SQM Land Price ₦4,500,000 Per SQM Title Federal Certificate of Occupancy, Converted to Governor's Consent Approval Valid Building Approval Purchase Options The land is available for purchase in multiples of 500sqm, subject to a minimum acquisition of 1,000sqm. 1,000 SQM --- ₦4.5 Billion 1,500 SQM --- ₦6.75 Billion 2,000 SQM --- ₦9 Billion Existing Residential Development Option An alternative opportunity is available comprising 5 units of fully detached 5-bedroom duplexes, each sitting on approximately 400sqm of land. Residential Development Details 5 Fully Detached 5-Bedroom Duplexes Each unit sits on approximately 400sqm Land size: 2,600 SQM Asking Price: ₦14 Billion Total Landholding 4,600 SQM Property Highlights Prime Turnbull Road / Onikoyi location Prestigious Ikoyi neighbourhood Flexible acquisition options Minimum purchase of 1,000sqm Secure title documentation Federal C of O converted to Governor's Consent Valid Building Approval Excellent development potential Suitable for luxury residential projects Investment Highlights Located within one of Ikoyi's most exclusive residential corridors Ideal for Luxury Developers, HNIs, Institutional Investors, and Strategic Land Buyers Flexible plot acquisition structure Existing building approval provides a valuable development advantage Strong potential for capital appreciation Suitable for premium residential development, subject to applicable planning requirements This is a rare opportunity to secure prime development land in Onikoyi, Ikoyi, with flexible acquisition options and approved development potential in one of Lagos' most coveted luxury real estate markets. Asking Price ₦4,500,000 Per SQM Total Land Value: ₦9 Billion for 2,000 SQM Alternative: 5 Fully Detached 5-Bedroom Duplexes on 2,600 SQM --- ₦14 Billion

Ikoyi, Lagos
4600 sqm
C W Real Estate
Premium
₦30,000,000,000

Commercial land for sale

Prime 6060SQM Land

Discover an exceptional 6,060sqm land for sale in Ikoyi, one of Lagos' most coveted and high-value real estate destinations, presented at ₦30 billion a rare investment opportunity in premium Bourdillon. This prime Ikoyi Lagos real estate asset features a leasehold title with 23 years unexpired, with demolishable structures currently on site, offering a blank canvas for discerning developers and investors seeking luxury residential, high-end apartment, mixed-use commercial, or institutional development potential. The substantial plot size and prestigious location make this an ideal foundation for transformative projects that command premium market returns in Africa's most dynamic property market. Whether you're planning an exclusive residential enclave, corporate headquarters, or landmark development, this strategically positioned Ikoyi land presents the scale, tenure security, and location prestige required for world-class real estate ventures. Contact us to schedule a site visit and explore how this exceptional opportunity aligns with your development vision. Property Features: - ⁠Location: Bourdillon, Ikoyi - Land Size: 6,060 sqm - Existing Structure: Demolishable structures - Title: Leasehold (23 years unexpired) - Luxury residential development - High-end apartments - Mixed-use commercial development - Corporate headquarters or institutional use Financial Details: - Price: ₦30,000,000,000 Ikoyi ₦30,000,000,000 For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
6060 sqm
C W Real Estate
Premium
₦4,500,000

Commercial land for sale

Land Development Opportunity

An outstanding Joint Venture (JV) development opportunity is available in the prestigious Ikoyi, Lagos. This expansive 4,638sqm parcel of land presents an excellent opportunity for experienced developers to deliver a landmark luxury residential or mixed-use project in one of Lagos' most desirable locations. The property is backed by a Certificate of Occupancy (C of O), ensuring secure title and a solid foundation for premium development. Property Details Location: Ikoyi, Lagos Property Type: Joint Venture Development Site Land Size: 4,638sqm Title: Certificate of Occupancy (C of O) Land Value: ₦4,500,000 per sqm Property Highlights Prime Ikoyi Location 4,638sqm Development Site Certificate of Occupancy (C of O) Suitable for Luxury Residential or Mixed-Use Development Excellent Accessibility High Capital Appreciation Potential Suitable Development Options Luxury Apartment Development High-Rise Residential Towers Mixed-Use Development Premium Residential Estate Hospitality or Lifestyle Development Joint Venture Requirements Interested developers should submit: Company Profile Letter of Intent (LOI) Development Proposal Investment Highlights Prestigious Ikoyi Address Prime Development Opportunity Secure Title Documentation Strong Return on Investment Potential Ideal for Experienced Developers Ideal Partner This opportunity is best suited for reputable real estate developers, institutional investors, and construction firms with a proven track record in delivering premium developments. Land Value ₦4,500,000 per sqm Location Ikoyi, Lagos Land Size 4,638sqm Property Type Joint Venture Development Site

Ikoyi, Lagos
4638 sqm
C W Real Estate
Premium
₦250,000 per sq.m

Commercial land for sale

Prime Commercial 2900SQM Land

An exceptional commercial land opportunity is available for lease in the heart of Ikoyi, Lagos. Measuring 2,900sqm, this strategically located site is ideal for businesses seeking a premium address for high-end commercial operations. With excellent accessibility and generous space, the property is perfectly suited for luxury showrooms, experience centres, event venues, and other commercial developments. Property Details Location: Ikoyi, Lagos Property Type: Commercial Land Land Size: 2,900sqm Lease Rate: ₦250,000 per sqm Minimum Lease Term: 2 Years Property Highlights Prime Commercial Location 2,900sqm Development Site Excellent Accessibility High Visibility Suitable for Various Commercial Uses Suitable Uses Luxury Showroom Experience Centre Event Centre Corporate Office Development Commercial Pavilion Brand Activation Space Other Commercial Developments Investment Highlights Prestigious Ikoyi Address High Commercial Potential Flexible Development Opportunities Excellent Business Environment Prime Location for Premium Brands Ideal Tenant This property is ideal for luxury brands, corporate organizations, event companies, automotive showrooms, lifestyle brands, and businesses seeking a prime commercial location in Ikoyi. Lease Rate ₦250,000 per sqm Location Ikoyi, Lagos Land Size 2,900sqm Property Type Commercial Land

Ikoyi, Lagos
2900 sqm
C W Real Estate
Premium
₦4,000,000

Commercial land for sale

3932SQM Development Site

Presenting a prime Joint Venture (JV) opportunity in one of Ikoyi's most prestigious locations. This exceptional development site spans 3,932sqm and comes with piling already completed and planning approval in place for a 17-floor development, significantly reducing project commencement time and construction costs. With zero premium required, this is a rare opportunity for developers to partner on a high-rise project in one of Lagos' most lucrative real estate markets. Property Highlights 3,932sqm land size Joint Venture (JV) opportunity Development capacity of up to 17 floors Piling completed Planning approval already secured Prime location in Ikoyi Suitable for luxury residential, commercial, or mixed-use development Excellent accessibility Prestigious and high-demand neighborhood Strong investment and capital appreciation potential Development Potential Luxury high-rise apartments Serviced residences Corporate office tower Hotel or hospitality development Mixed-use development Landmark investment project Financial Overview JV Premium: ₦0 (Zero Premium) Estimated Market Rate: ₦4,000,000 per sqm Estimated Land Value: ₦15,728,000,000 Agency Fee (10%): ₦1,572,800,000 Ideal Partner This opportunity is ideal for experienced real estate developers, institutional investors, private equity firms, and corporate organizations seeking to develop a premium high-rise project in one of Lagos' most prestigious locations. Location: Ikoyi, Lagos

Ikoyi, Lagos
3932 sqm
C W Real Estate
Premium
₦1,500,000,000

Commercial land for sale

Land Development Opportunity

Unlock an exceptional joint venture opportunity is available on a prime 4,417sqm parcel of land in the prestigious Ikoyi district. With approval potential for a 20-floor development, this property is perfectly suited for luxury residential towers, mixed-use developments, hospitality projects, or premium commercial complexes. Positioned in one of Lagos' most desirable real estate markets, this project offers developers and investors the opportunity to partner on a landmark development with significant returns and outstanding long-term value. Property Highlights Land Size: 4,417sqm Prime location in Ikoyi Development capacity of up to 20 floors Suitable for luxury residential, commercial, hospitality, or mixed-use development Excellent accessibility Prestigious and high-value neighborhood Exceptional investment and capital appreciation potential Joint Venture Terms Joint Venture Premium: ₦1,500,000,000 Estimated Land Value: ₦3,800,000 per sqm Estimated Outright Land Value: ₦16,780,000,000 Agency Fee: 10% (₦1,678,000,000) Ideal Partner This opportunity is ideal for experienced real estate developers, institutional investors, hospitality brands, and corporate organizations seeking to deliver a landmark high-rise development in one of Lagos' most prestigious locations. Location: Ikoyi, Lagos

Ikoyi, Lagos
4417 sqm
C W Real Estate
Premium
₦5,044,416 per sq.m

Commercial land for sale

Size: 1, 293.44 SQM C of O Commercial Waterfront Land

Commercial waterfront land for sale in ikoyi ️️️️️️️️ Directly on awolowo road, ikoyi This is a straightforward, closable deal for a serious buyer. Prime waterfront land directly on the prestigious Awolowo Road, Ikoyi. One of the most sought-after addresses in Lagos. Location: Directly on Awolowo Road, Ikoyi - Waterfront Size: 1,293.44 sqm Title: Lagos State C of O Price: N3. 9 Million per sqm ️️️️️️️️ Private chat or call Dis

Awolowo Road, Ikoyi, Lagos
Agape First Luxury Estate
Premium
₦4,300,000 per sq.m

Commercial land for sale

4, 876SQM Land

Land for sale on kingsway road, old ikoyi 4, 876sqm land on kingsway road (alfred rewane rd ) Title: federal c of o Price: N4. 3m per sqm

Kingsway Road, Old Ikoyi, Ikoyi, Lagos
Keland & Associates
Strategic 1750 SQM Plot — Bourdillon Road Falomo Busstop, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦4,600,000 per sq.m

Commercial land for sale

Strategic 1750 SQM Plot

Strategically located along bourdillon road, close to falomo Commercial purposes Lagos cfo Let's talk if you are cash ready Octprince

Bourdillon Road Falomo Busstop, Old Ikoyi, Ikoyi, Lagos
Vallecano Ventures
Featured
₦4,300,000 per sq.m

Commercial land for sale

4300 SQM Land

High profile sale Off Bourdillon Road, Ikoyi, Lagos One of Lagos' most prestigious addresses Size 4,300 SQM Price ₦4,300,000 per SQM Total: ₦18,490,000,000 Title Lagos State Certificate of Occupancy 94 years unexpired lease Facilitator fee: 5% sales value Medqad

Off Bourdillon Road, Ikoyi, Lagos
Centerpoint Realtor
₦55,000,000,000

Commercial land for sale

Commercial Land, Waterfront

Exclusive sale --- 10,000SQM = ₦55 billion banana island ₦5.5M/SQM agency fee 5% = ₦2.75 billion dual C of O federal & lagos state last waterfront on banana Attention: Visionary Developers & Capital Groups Property Snapshot: - Location: Banana Island Waterfront, Ikoyi, Lagos - Size: 10,000 SQM --- Fully Reclaimed & Sandfilled - Title: dual C of O --- Federal & Lagos State All Documents Intact & Verifiable - Price: ₦5.5M per SQM - Total Value: ₦55,000,000,000 (Fifty-Five Billion Naira) - Agency: 5% = ₦2,750,000,000 (Two Billion Seven Hundred & Fifty Million Naira) --- Payable by Buyer Why smart money is moving: 1. Ultimate Scarcity: The last premium waterfront available on Banana Island 2. Unmatched Value: Waterfront assets appreciate 3x faster --- Ideal for Luxury Towers, 5-Star Hotel, or Ultra-Luxury Estate 3. Bankable Title: Dual C of O --- Fully Bankable, Investable & Resellable 4. Perfect Timing: Banana Island is 100% Sold Out --- This is Your Only Entry Terms: Proof of Funds (POF) . eoi Required for Inspection. WhatsApp / Call: [insert number] Williams

Banana Island, Ikoyi, Lagos
10000 sqm
Realtor
₦5,000,000

Commercial land for sale

Exclusive Land Development Opportunity

A rare Joint Venture opportunity to develop a premium luxury residential tower in the prestigious Banana Island, Ikoyi. This prime 1,500.23sqm land parcel is strategically positioned within Lagos' most exclusive residential enclave, offering exceptional potential for a world-class high-rise development. The proposed development is designed to cater to the growing demand for ultra-luxury residences, featuring luxury apartments, maisonettes, and penthouses with premium lifestyle appeal. Property Details Location: Banana Island, Ikoyi, Lagos Land Size: 1,500.23sqm Land Value: ₦5,000,000 per sqm JV Structure: 50/50 Sharing Formula Premium: To Be Discussed Facilitator's Fee: 10% Proposed Development Concept 1st & 2nd Floors: Dedicated Car Parking 3rd, 4th & 5th Floors: Luxury Apartments 6th & 7th Floors: Four (4) Units of 4-Bedroom Maisonettes 8th Floor: Two (2) Luxury Penthouses Open to Additional Development Options Investment Highlights Prime Banana Island Location Elite Luxury Residential Neighborhood Ideal for High-Rise Residential Development Strong Demand for Premium Apartments Exceptional Capital Appreciation Potential Attractive roi Opportunity Global Market Appeal Ideal Developer / Partner This opportunity is strictly suitable for credible, experienced, and financially capable developers with proven track records in luxury real estate development. Requirements Proof of Development Capacity Required Serious Developers and Investors Only Due Diligence & Engagement Subject to Qualification Location Banana Island, Ikoyi, Lagos Land Size 1,500.23sqm Development Type Luxury High-Rise Residential Development JV Structure 50/50 Sharing Formula

Ikoyi, Lagos
1500 sqm
C W Real Estate
₦300,000,000

Commercial land for sale

Prime Land Development

An exceptional Joint Venture development opportunity is available within one of Lagos' most prestigious residential corridors. Strategically positioned on Adeleke Adedoyin Street, off Kofo Abayomi Road, Old Ikoyi, this premium development site offers investors and developers the rare chance to create a landmark luxury residential project in a highly sought-after location renowned for exclusivity, prestige, and strong capital appreciation. Property Details Land Size: 2,600sqm Prime Residential Development Site Suitable for Luxury Apartment Development Located in a High-Value Residential Neighborhood Excellent Accessibility and Infrastructure Ideal for Premium Residential Investment Development Proposal Proposed Luxury Apartment Scheme Owner's Allocation -- 17 Units 2-Bedroom Apartments -- 8 Units 3-Bedroom Apartments -- 8 Units Penthouse -- 1 Unit Developer's Allocation -- 21 Units Unit Mix: Developer's Preference Special Requirement Two (2) of the Owner's allocated 2-Bedroom Units are to be merged and converted into a Maisonette occupying the 1st and 2nd Floors. Location Situated on Adeleke Adedoyin Street, off Kofo Abayomi Road, in the heart of Ikoyi, this development site enjoys proximity to major corporate headquarters, diplomatic missions, luxury residences, premium retail destinations, international schools, healthcare facilities, and high-net-worth residential communities. Title Documentation Land Certificate Financial Details Premium: ₦300,000,000 (Slightly Negotiable) Land Value: ₦2.5 Million Per Square Metre Facilitator's Fee: 5% Investment Highlights Prime Old Ikoyi Address Premium Residential Development Corridor Strong Demand for Luxury Apartments Flexible Developer Unit Mix Significant Capital Appreciation Potential Attractive Joint Venture Structure Excellent Access to Ikoyi and Victoria Island Business Districts Ideal for High-End Residential Development Clear Development Framework Already Established This is a rare opportunity to participate in a high-value luxury residential development within one of Lagos' most prestigious neighborhoods. With its strategic location, attractive allocation structure, and strong market demand for premium residences, the project offers substantial upside for developers seeking a landmark presence in the luxury real estate market of Ikoyi.

Ikoyi, Lagos
2600 sqm
C W Real Estate
₦4,500,000

Commercial land for sale

Land Measuring 1600SQM

A rare joint venture opportunity is available on the prestigious Bourdillon Road, Ikoyi---one of Lagos' most exclusive luxury residential corridors. Sitting on 1,600sqm of prime land, this project is ideal for developers with a proven track record in delivering high-end developments within Ikoyi or Victoria Island. The proposed development is suitable for luxury apartments, maisonettes, and penthouses, catering to the growing demand for premium residences in Ikoyi. This partnership structure offers an attractive profit-sharing arrangement and the opportunity to develop a landmark residential project in a highly sought-after location. Development Details Location: Bourdillon Road, Ikoyi, Lagos Land Size: 1,600sqm Title: Lagos State Title Land Value: ₦4,500,000 per sqm Estimated Land Value: ₦7.2 Billion Proposed Development Luxury Apartments Maisonettes Penthouses High-End Residential Development Joint Venture Terms Developer must have a proven development track record in Ikoyi or Victoria Island Premium Payment: ₦550,000,000 Profit Sharing Ratio: 45:55 (in favour of the developer) Landowner Contribution: Land Developer Contribution: Development and Project Execution Ideal Development Partner This opportunity is best suited for experienced real estate developers, development firms, investment consortiums, and institutional investors with a strong portfolio of luxury residential projects in Lagos. Broker's Fee 10% Location Bourdillon Road, Ikoyi, Lagos Property Type Joint Venture Development Opportunity Land Size 1,600sqm

Ikoyi, Lagos
1600 sqm
C W Real Estate

Showing 1–20 of 28 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of furnished commercial land for sale in Ikoyi, Lagos is ₦900,000,000.

Most furnished commercial land for sale in Ikoyi, Lagos are priced between ₦4,500,000 and ₦1,500,000,000.

Prices for furnished commercial land for sale in Ikoyi, Lagos go up to around ₦2,750,000,000.

Prices for furnished commercial land for sale in Ikoyi, Lagos start from around ₦4,000,000.

There are 28 available furnished commercial land for sale in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

More property for sale around Ikoyi

Commercial Land for Sale in Lekki Commercial Land for Sale in Ajah Commercial Land for Sale in Ikeja Commercial Land for Sale in Victoria Island (VI) Commercial Land for Sale in Ibeju Lekki Commercial Land for Sale in Magodo Commercial Land for Sale in Surulere Commercial Land for Sale in Gbagada Commercial Land for Sale in Yaba Houses for Sale in Ikoyi Flats for Sale in Ikoyi Land for Sale in Ikoyi