Nigeria Property Centre

Commercial Land in Ikoyi, Lagos

There are 50 land for sale and rent in Ikoyi as of 26 Sep 2026, with an average price of ₦120M. 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.

Commercial Land 2700 SQM on Busy Road — Alfred Rewane, Ikoyi, Lagos
Premium
1
₦250,000 /yr

Commercial land for rent

Commercial Land 2700 SQM on Busy Road

Land To Let semi A bare land measuring 2,700sqm at Alfred Rewane Road ikoyi Rent N250k/sqm. Asking rent. Lease term: 3years Agency 10% Legal 10%

Alfred Rewane, Ikoyi, Lagos
2700 sqm
Wifis and Avaland
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
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
₦230,000 /mo

Commercial land for rent

6, 600SQM Land

CWL1645 This exceptional 6,600sqm land plot in Old Ikoyi, Lagos presents a rare leasehold investment opportunity in one of the city's most sought-after residential and commercial districts, available at ₦230,000 per square metre on flexible lease terms of 5--10 years with upfront payment. The substantial size and prime Old Ikoyi location make this land for lease ideal for corporate headquarters, residential development, institutional projects, commercial car lots, or recreational facilities-offering versatile development potential in a neighbourhood renowned for its prestige and accessibility. As a significant real estate asset in Old Ikoyi, Lagos, this 6,600sqm plot benefits from established infrastructure, proximity to key business hubs, and strong capital appreciation prospects, making it an attractive proposition for developers and institutional investors seeking long-term leasehold holdings. The transparent lease structure, combined with the property's strategic location and scale, positions this offering as a compelling alternative to land for sale in Old Ikoyi for investors prioritising operational flexibility over outright ownership. Contact us to arrange a comprehensive site visit and discuss customised lease terms for your development or corporate requirements. Property Features: - Corporate use - Residential development or Institutional project- - Car lot - Recreational- park Financial Details: - Price: ₦230,000 - Agency Fee: 10% gross lease value - Legal Fee: 10% gross lease value Old Ikoyi ₦230,000 for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 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

Old Ikoyi, Ikoyi, Lagos
C W Real Estate
3376.299SQM of Land Strictly for Residency Purpose — Ikoyi, Lagos
Premium
1
₦2,000,000

Commercial land joint venture

3376.299SQM of Land Strictly for Residency Purpose

Size: 3376.299Sqm Price: N2,000,000 per Sqm Title: Lagos State CofO Note: Strictly Residential, Outright Sale and No Joint Venture. Half (being 1,688.15sqm) can be sold. Location: Ikoyi coma#

Ikoyi, Lagos
3377 sqm
Emmy Properties
2, 900SQM Commercial Land Strategically Located — Kingways (Alfred Rewani) Road, Old Ikoyi, Ikoyi, Lagos
Premium
3
₦170,000 /yr

Commercial land for rent

2, 900SQM Commercial Land Strategically Located

Sdirect commercial land for lease -- old ikoyi must GO this week .. Prime 2,900sqm commercial land strategically located and suitable for a wide range of commercial activities... Can be separated as follows For the front land 2000sqm Rent: ₦170,000 per sqm (Slightly Negotiable) For 900sqm backland Rent: ₦150,000 per sqm location: Directly on kingsway road, old ikoyi _Send a DM today for more information, inspection, and lease terms._

Kingways (Alfred Rewani) Road, Old Ikoyi, Ikoyi, Lagos
Leviticus Properties
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 Luxury Estate
1068SQM Vacant Commercial Plot — Banana Island, Ikoyi, Lagos
Premium
6
₦80,000,000 /yr

Commercial land for rent

1068SQM Vacant Commercial Plot

Commercial land measuring 1068sqm for long lease located within the Mixed-Use Zone, Banana Island Estate, Ikoyi, Lagos. Site details: Square-shaped site, Front Plot, Flood-free site; 1068sqm, etc. Suitability: Erection of temporary structures, Car Show-Room, Gym, Shopping Mall, Construction equipment storage, etc. Term: Minimum of 5 Year Lease. Rent is NGN80,000,000 (EIGHTY million naira ONLY) per annum. All pricing are as at august 19, 2025 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
1068 sqm
First Colony Real Estate Company LTD
Premium
₦250,000 /yr

Commercial land for rent

2700 SQM Bare Land Along a Major Road

Direct Brief We have bare land of 2,700sqm for lease on Alfred Rewane Road ikoyi 3 years max. N250k/sqm. Asking rent.

Alfred Rewane, Ikoyi, Lagos
Ben Wealth Properties
A Land Measuring 2900 SQM — Facing Awolowo, Ikoyi, Lagos
Premium
2
₦435,000,000 /yr

Commercial land for rent

A Land Measuring 2900 SQM

Available for lease in old ikoyi Land Size For Lease 2,900sqm 150k per sqm/ Annum Location: off Bourdilion Ikoyi The Land is Facing Awolowo Road Minimum: 5 Years Lease awdsunvic

Facing Awolowo, Ikoyi, Lagos
2900 sqm
Awodd Properties LTD
Prime Land for Commercial Use in Secured Area — Off Glover Road, Old Ikoyi, Ikoyi, Lagos
Premium
9
₦130,000,000 /yr

Commercial land for rent

Prime Land for Commercial Use in Secured Area

For long lease in ikoyi: A 1,300m² parcel of land off Glover Road @ #130m/a asking .Terms : 5 years lease PS: No permanent structures are allowed.

Off Glover Road, Old Ikoyi, Ikoyi, Lagos
1300 sqm
Divention Properties Limited
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
Commercial Land Measuring 1, 300SQM — Reeve Road, Ikoyi, Lagos
Premium
1
₦120,000,000 /yr

Commercial land for rent

Commercial Land Measuring 1, 300SQM

Hot land for lease Fenced land measuring approximately 1300sqm on reeve road ikoyi, Lease terms: 10 years Initial payment: 5 years Legal and Agency 10% each

Reeve Road, Ikoyi, Lagos
1300 sqm
Walere Properties Link Enterprise
Premium
₦80,000,000 /yr

Commercial land for rent

Commercial Land Lease

Ikoyi land lease Fully fenced 1000m2 of empty land on off McPherson Ikoyi. Price : N80m/annum Asking 3years maximum duration.

Mcpherson, Ikoyi, Lagos
1000 sqm
Go Global Realty
Carcass Office on Land Measuring 400SQM — James George Street, Off Alagbon Close, Old Ikoyi, Ikoyi, Lagos
Featured
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
Featured
₦4,500,000 per sq.m

Commercial land for sale

1,000 SQM Land

Ref: IK - nse - 12 Description: 1,000 Sand Filled & Fenced Land Title: Federal C of O Location: Banana Island Estate. Price: 4.5m Per SQM Brokerage Fees Applies For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Banana Island, Ikoyi, Lagos
No SQM Escapes
A Land with Demolishable Bungalow Measuring 747 SQM — Awolowo Road, Ikoyi, Lagos
1
₦2,500,000,000

Commercial land for sale

A Land with Demolishable Bungalow Measuring 747 SQM

- Prime commercial property in ikoyi An exceptional opportunity to acquire a strategically located commercial property on Awolowo Road, Ikoyi. Property Type: Open-plan commercial bungalow with 2-room BQ Location: Awolowo Road, Ikoyi Title: Governor's Consent Land Size: 747 sqm Structure: Open-plan layout + 2-room Boys' Quarters Price: ₦2.5b Ideal for: - Corporate offices - Banks - Restaurants - Showrooms - Clinics - Redevelopment projects For serious enquiries, please send a message.

Awolowo Road, Ikoyi, Lagos Added yesterday
747 sqm
Awodd Properties LTD
3800SQM Commercial Land — Glover Road, by Thompson Avenue, Ikoyi, Lagos
1
₦17,100,000,000

Commercial land joint venture

3800SQM Commercial Land

Joint venture deal Glover road by Thompson avenue corner piece. Land size: 3800sqm Sharing formula: 40% To Landowner / 60% to the Developer or Co-investor. Proposal: Luxurious 20 floor twin towers Land Value: 4.5m per square meters Facilitators fee: 10% Of land value. Title: federal C of O Landowner has been given boq from ElAlan, Cappa D'Alberto, Julius Berger. Developer is to work with either one of them. Oladele

Glover Road, by Thompson Avenue, Ikoyi, Lagos
3800 sqm
Flowtouch Properties
₦6,400,000,000

Commercial land joint venture

Prime 1542SQM Land

An exceptional closeable Joint Venture opportunity is available in Ikoyi, Lagos, offering a prime development site in one of Lagos' most prestigious residential locations. With a substantial land area, strong title documentation, and a flexible development brief, the opportunity is well suited to experienced developers seeking to deliver a premium residential project. Land Details Location Ikoyi, Lagos Land Size 1,542.336 SQM Land Value ₦6,400,000,000 Title Federal Certificate of Occupancy (C of O) Lagos State regularization is currently in progress and nearing completion. Survey Plan Available upon receipt of the prospective company's profile. JV Terms Premium usd $1,000,000 Payable in two installments. Memorandum of Understanding (MOU) To be discussed and mutually agreed upon by both parties, where required. Owner's Development Preference The owner is flexible and open to suitable premium residential development concepts, including: Luxury Terraces Blocks of Flats / Apartments The final development concept and specifications are subject to negotiation, feasibility, approvals, and due diligence. Developer / Contractor Preference The owner is open to partnering with reputable, experienced, and financially capable developers and contractors/builders with a proven track record in delivering quality residential developments. Additional Specifications Further development specifications, commercial terms, construction arrangements, and partnership structure are subject to discussion and agreement during the negotiation and due diligence process. Investment Highlights Prime Adeyemi Lawson, Ikoyi location 1,542.336 SQM development site Federal C of O Lagos State regularization nearing completion Closeable JV opportunity Flexible development options Suitable for luxury terraces or premium apartments Open to reputable and experienced development partners Attractive opportunity for developers seeking a prime residential project in Ikoyi This opportunity presents an excellent platform for an experienced developer to undertake a high-end residential development in Ikoyi, subject to satisfactory due diligence, planning approvals, feasibility assessment, and mutually agreed JV terms. Land Value ₦6,400,000,000 Premium usd $1,000,000 --- Payable in Two Installments Title Federal Certificate of Occupancy (C of O)

Ikoyi, Lagos
1542 sqm
C W Real Estate
₦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

Showing 1–20 of 50 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 commercial land in Ikoyi, Lagos is ₦120,000,000 a year.

Most commercial land in Ikoyi, Lagos are priced between ₦2,760,000 and ₦125,000,000 a year.

Prices for commercial land in Ikoyi, Lagos go up to around ₦725,000,000 a year.

Prices for commercial land in Ikoyi, Lagos start from around ₦170,000 a year.

There are 50 available commercial land in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.