Commercial land for sale
Idowu Martins Street, Victoria Island (VI), Lagos
Prime commercial property for sale in victoria island
2,963 sqm with 2 existing building blocks ideal for corporate headquarters ₦2m per sqm
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property overview
- total land area: 2,963 square meters
- location: idowu martins street, victoria island, lagos
- existing structures: 2 blocks of buildings
- price per sqm: ₦2,000,000
- total value: ₦5,926,000,000
- title: lagos state certificate of occupancy (c of o)
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key highlights
- premium vi location: on idowu martins street - one of victoria island's prime commercial corridors
- existing income potential: two operational building blocks generating rental income
- redevelopment opportunity: potential for demolition and new luxury development
- corporate headquarters ready: ideal for banking, oil & gas, or multinational corporation
- clear title: lagos state c of o ensures secure ownership transfer
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current configuration
- two separate building blocks
- total built area: to be verified during inspection
- usage history: previously office furniture and stationeries sales showroom
- condition: functional structures with renovation potential
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️ development potential
- luxury office complex: demolish and build modern corporate headquarters
- mixed-use development: combine retail, office, and hospitality spaces
- banking hall: perfect for financial institution with banking hall and offices
- high-rise tower: maximum allowable development for premium returns
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location advantages
- prime commercial address: idowu martins street, victoria island
- high visibility: prominent positioning in lagos' business district
- prestigious neighborhood: surrounded by multinational corporations and financial institutions
- excellent accessibility: easy access to major roads and business hubs
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investment analysis
- price per sqm: ₦2,000,000 (competitive for victoria island commercial property)
- total land value: ₦5.926 billion
- existing structure value: additional to land value
- redevelopment roi: high potential for premium returns in vi location
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perfect for
- corporate organizations
- commercial banks
- real estate developers
- institutional investors
- high-net-worth portfolio expansion
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strategic investment opportunity
this represents one of the last substantial land holdings available in central victoria island.
immediate benefits:
- existing structures provide interim rental income
- prime location guarantees capital appreciation
- flexible development options for future use
- blue-chip asset for institutional portfolios
contact for:
- comprehensive site inspection
- structural assessment report
- development feasibility study
- title verification documents
serious investors only - this is a landmark commercial opportunity in victoria isla...
More details
₦5,926,000,000
Ac Valour International
08036503218