Nigeria Property Centre

Commercial Land in Ikoyi, Lagos

There are 56 land for sale and rent in Ikoyi as of 16 Oct 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.

Prime 3000 SQM Plot — Macgregor Street Off Bank Road, Old Ikoyi, Ikoyi, Lagos
Premium
1
₦300,000,000 /yr

Commercial land for rent

Prime 3000 SQM Plot

3000 sqm Long lease preferably For event centre, logistics, warehouse,batch plant etc

Macgregor Street Off Bank Road, Old Ikoyi, Ikoyi, Lagos Added yesterday
Vallecano Ventures
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
₦200,000,000 /yr

Commercial land for rent

3200SQM of Land for a Long Lease

3200sqm of land for lease in old ikoyi for a long lease Good for any commercial purpose Rent:200m per annum

Old Ikoyi, Ikoyi, Lagos
3200 sqm
R.W Properties & Consultant LTD
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
Premium
₦230,000 /yr

Commercial land for rent

6,600SQM Land

Land for lease -- glover road, ikoyi prime commercial land in prestigious ikoyi district Location: Glover Road, Ikoyi, Lagos Land Size: 6,600 sqm Lease Price: ₦230,000 per sqm Features : - Strategically positioned for corporate headquarters or mixed-use development - Surrounded by high-end residential and commercial properties - Excellent road access and visibility - Ideal for institutional or luxury projects - Secure tenure: Minimum of 5--10 years (upfront payment required)

Glover Road, Old Ikoyi, Ikoyi, Lagos
Kings Property
Premium
₦8,000,000,000

Commercial land joint venture

1,932.39SQM of Land

Owner wants commercial building strictly. 1,932.39sqm of land at Old Ikoyi Glover Road up for commercial purpose. Project overview This is a premium Grade a commercial office development in Old Ikoyi, conceived as a contemporary workplace environment with large office floors, substantial parking, executive business-club levels and a broad range of occupier amenities. The scheme combines corporate workspace, business hospitality, staff support and building services within a single integrated tower designed for high-quality daily use. Land Value: 8b Facilitator's Fee: 10% Note: There's a design on it but you can still bring yours up for discussion. Inspection and meeting can happen same day. Steps: Send letter of introduction/LOI Company profile Facilitation Fee Letter Inspection and Scheduling to meet with the owner follows Terms will be proposed and discussed with the owner during the meeting.

Glover Road Ikoyi, Old Ikoyi, Ikoyi, Lagos
Kings Property
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
₦8,000,000,000

Commercial land joint venture

Commercial Land

Back in the market, owner wants commercial purpose strictly owner is now fully ready to close. Semi direct joint venture 1,932.39sqm of land at Old Ikoyi Glover Road up for commercial purpose. Project overview: This is a premium Grade a commercial office development in Old Ikoyi, conceived as a contemporary workplace environment with large office floors, substantial parking, executive business-club levels and a broad range of occupier amenities. The scheme combines corporate workspace, business hospitality, staff support and building services within a single integrated tower designed for high-quality daily use. Land Value: 8b Facilitator's Fee: 10% Note: This is the design on it but you can still bring yours up for discussion. Inspection and meeting can happen same day. Steps: Send letter of introduction/LOI Company profile Facilitation Fee Letter Inspection and Scheduling to meet with the owner follows. Terms will be proposed and discussed with the owner during the meeting.

Glover Road, Old Ikoyi, Ikoyi, Lagos
1933 sqm
Estate of Mind
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
₦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
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
₦6,500,000,000

Commercial land joint venture

Land Development Opportunity

An exceptional Joint Venture (JV) development opportunity is available in the prestigious Banana Island, Lagos. Sitting on 1,400sqm with a Federal Certificate of Occupancy (C of O), this premium site is ideal for experienced developers seeking to deliver an exclusive luxury residential project in one of Nigeria's most sought-after locations. The owner is inviting capable developers with proven experience and the capacity to execute a high-end residential development. Property Details Location: Banana Island, Lagos Property Type: Joint Venture Development Site Land Size: 1,400sqm Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Title: Federal Certificate of Occupancy (C of O) Proposed Development The owner is open to a joint venture for the development of: Luxury Apartment Development Block of Premium Flats 4 Units of Luxury Terrace Houses Investment Highlights Prestigious Banana Island Address Federal Certificate of Occupancy Prime Luxury Development Site High Capital Appreciation Potential Strong Demand for Premium Residential Properties Excellent Return on Investment Requirements Suitable for credible and experienced developers Company profile required before site survey Serious enquiries only Ideal Partner This opportunity is ideal for established real estate developers, institutional investors, and construction firms with a proven track record in delivering premium residential developments. Financial Summary Land Value: ₦6,500,000,000 Premium: ₦1,000,000,000 Location Banana Island, Lagos Land Size 1,400sqm Property Type Joint Venture Development Site

Banana Island, Ikoyi, Lagos
1400 sqm
C W Real Estate
Premium
₦125,000,000 /yr

Commercial land for rent

Prime Commercial 1600SQM Land

Secure a prime 1,600sqm commercial land in the prestigious Ikoyi, Lagos. Offering excellent accessibility and a strategic location, this property is ideal for businesses seeking a long-term lease in one of Lagos' most sought-after commercial districts. Suitable for a wide range of commercial developments, this site presents an excellent opportunity for corporate organizations, hospitality operators, healthcare facilities, and other commercial ventures. Property Details Location: Ikoyi, Lagos Property Type: Commercial Land Land Size: 1,600sqm Annual Rent: ₦125,000,000 Lease Term: 10 Years (Upfront Payment) Property Highlights Prime Ikoyi Location 1,600sqm Land Parcel Suitable for Commercial Development Excellent Accessibility High-Visibility Location Long-Term Lease Opportunity Suitable Uses Corporate Headquarters Office Development Healthcare Facility Educational Institution Hospitality Development Showroom Commercial Plaza Investment Highlights Prestigious Ikoyi Address Long-Term Commercial Lease Excellent Business Environment Strong Commercial Potential Prime Development Opportunity Ideal Tenant This property is ideal for corporate organizations, developers, healthcare providers, educational institutions, hospitality brands, and investors seeking a premium commercial site in Ikoyi. Rent ₦125,000,000 per annum Lease Term 10 Years (Upfront Payment) Location Ikoyi, Lagos Land Size 1,600sqm Property Type Commercial Land

Ikoyi, Lagos
1600 sqm
C W Real Estate
Premium
₦150,000

Commercial land for rent

Commercial 2900SQM Land

Presenting an exceptional leasing opportunity in the prestigious Old Ikoyi, Lagos. This expansive 2,900sqm commercial land is strategically located in one of the city's most sought-after business and residential districts, offering excellent accessibility and outstanding development potential. Ideal for businesses seeking a premium address, this property provides the flexibility to accommodate a wide range of commercial developments and operations. Property Features 2,900sqm commercial land Prime location in Old Ikoyi Development-ready site Suitable for commercial and mixed-use developments Excellent accessibility High-visibility location Secure and prestigious neighborhood Strong commercial and investment potential Suitable For: Corporate headquarters Office complex Banking hall Showroom Healthcare facility Educational institution Hospitality development Retail development Mixed-use commercial project Other approved commercial activities Ideal Tenant This property is ideal for corporate organizations, multinational companies, financial institutions, healthcare providers, hospitality brands, educational establishments, and developers seeking a premium commercial location in Old Ikoyi. Lease Details Lease Rate: ₦150,000 per sqm per annum Land Size: 2,900sqm Location: Old Ikoyi, Lagos

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

Showing 1–20 of 56 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 ₦80,000,000 and ₦250,000,000 a year.

Prices for commercial land in Ikoyi, Lagos go up to around ₦493,000,000 a year.

Prices for commercial land in Ikoyi, Lagos start from around ₦230,000 a year.

There are 56 available commercial land in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.