Commercial land for sale
3, 240 SQM Total
Prime Coastal Land For Sale on Coastal Road, Lagos 5 Plots (3,240 SQM Total) C of O Title ₦150M per Plot Total: ₦750 Million ≈ ₦234,375 per SQM --- Property Overview - Location: Directly on Coastal Road, Lagos. - Total Land Area: 3,240 SQM. - Plot Breakdown: 5 plots available, each approximately 640 SQM (can be sold individually). - Title: Certificate of Occupancy (C of O). - Price per Plot: ₦150,000,000. - Total Asking Price: ₦750,000,000 (for all 5 plots). - Price per SQM: ≈ ₦234,375. - Status: Prime bare land with direct coastal road frontage. --- Key Highlights - Direct Coastal Road Frontage: Offers exceptional visibility, easy accessibility, and high investment potential for both residential and commercial projects. - Flexible Purchase Options: Available as individual plots (640 SQM each) or as a bulk acquisition of all 5 plots (3,240 SQM), catering to different investor needs. - Strong C of O Title: Provides clear ownership security and facilitates smooth transactions and future financing. - High-Visibility Corridor: Positioned on a major Lagos thoroughfare, ideal for developments seeking brand exposure. - Development-Ready: Clear title and direct road access make this land ready for immediate construction. --- ️ Development Potential - Per Plot (640 SQM): - Luxury Detached Villa - Duplex with BQ - Boutique Commercial Outlet (Showroom, Office) - Bulk Purchase (3,240 SQM): - Gated Residential Estate - Mixed-Use Commercial Complex - Hotel or Serviced Apartments - Shopping Plaza or Retail Hub --- Market Context The asking price of ₦150M per plot (≈ ₦234,375 per SQM) is positioned competitively for coastal road land with C of O title, offering significant upside potential as the Coastal Road corridor continues to develop. Ideal For: - Individual home builders - Real estate developers - Commercial investors - Land banking strategists