Nigeria Property Centre

Commercial Land in Ikoyi, Lagos

There are 63 land for sale and rent in Ikoyi as of 5 Nov 2026, with an average price of ₦1.5B. 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.

Premium
₦4,200,000 per sq.m

Commercial land for sale

2,297M² Bareland

Startegic Land for Sale: Old Ikoyi 2,297m² Bareland along Glover Road Title: Lagos & Fed. C of O Price: ₦4.2m per m²

Glover Road, Ikoyi, Lagos Added yesterday
2297 sqm
D&D Properties
Premium
₦250,000,000 /yr

Commercial land for rent

3200SQM of Bareland

Fresh bareland lease at old ikoyi* Land Size: 3200sqm of bareland directly on Bank road, Ikoyi for lease. Land is suitable for any commercial purpose Rent: 250m per annum Owner wants long lease. For Serious Client Only

Bank Road, Old Ikoyi, Ikoyi, Lagos
3200 sqm
R.W Properties & Consultant LTD
Premium
₦3,600,000 per sq.m

Commercial land for sale

3033SQM Distress Sale Land

For Quick Sale: Distress sale!!! Lugard road, Ikoyi, Banner Head luxury corridor 3,033Sqm (flexible split --- Minimum 1,500Sqm) Title: C of O --- Registered & Verifiable Price: ₦3.6M Per Sqm

Lugard Road, Banner Head Luxury Corridor, Ikoyi, Lagos
3033 sqm
Shelters and Hectares
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₦4,500,000 per sq.m

Commercial land for sale

Waterfront Land (2275SQM)

Waterfront land at Banana Island Ikoyi. 2,275sqm on 3rd Avenue. Title: Lagos State CofO Price: N4.5 Million/Sqm Note: 5% Agency fee applies For additional details, inquiries, and physical inspections, call our hotline: 07088065449 You can send us a quick mail to: [email protected] Take Advantage Today!

3rd Avenue, Banana Island, Ikoyi, Lagos
2275 sqm
Future Homes Properties and Investment LTD
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₦31,090,000,000

Commercial land for sale

5,360 SQM Waterfront Land

For sale 5,360 sqm waterfront 31.09 Billion 17 Oyinkan Abayomi Road, former Queens Drive 5.8 million per sqm Asking

Oyinkan Abayomi Road, Former Queens Drive, Ikoyi, Lagos
5360 sqm
Crestforesight Homes & Properties LTD
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₦120,000,000 /yr

Commercial land for rent

Commercial Land

Land for lease Location: Reeve Road, Old Ikoyi, Lagos Size: 1300sqm Price: ₦120m per annum Purpose: Commercial . For more details, pls contact; Oakland Realtors 08155952653, 08168808462

Reeve Road, Old Ikoyi, Ikoyi, Lagos
1300 sqm
Oakland Realty
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₦6,500,000,000

Commercial land for sale

Commercial Land with Approved 7-Floor Building Plan

Banana Island Estate 936.496 SQM Lagos state title Commercial plot - Building approval: 7 Floors (GROUND + 6) - Piling done as well for 7 floors Asking price: ₦6.5 Billion naira Un

Banana Island, Ikoyi, Lagos
936 sqm
Bentol Home Plus
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₦6,500,000,000 per sq.m

Commercial land for sale

Commercial Plot with Building Approval

Urgent sales Banana Island Estate - 936.496 SQM Lagos state title Commercial plot - Building approval: 7 Floors (GROUND + 6) - Piling done as well for 7 floors Asking price: ₦6.5 Billion naira For more details, PLS contact: Oakland Realtors 08155952653, 08168808462

Off First Avenue, Banana Island, Ikoyi, Lagos
936 sqm
Oakland Realty
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
1068SQM Vacant Commercial Plot — Banana Island, Ikoyi, Lagos
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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
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Farm Land Road
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₦250,000,000 /yr

Commercial land for rent

3200SQM of Land

3200sqm of land for lease in old ikoyi for a long lease Good for any commercial purpose Rent:250m per annum

Off Bourdillon Road, 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
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₦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 2 Units 450 SQM Plot — Awolowo Road, Falomo, Ikoyi, Lagos
Premium
1
₦1,200,000,000 per plot

Commercial land for sale

Strategic 2 Units 450 SQM Plot

Strategically located along awolowo road High visibility High traffic Title. Cfo Also ultim

Awolowo Road, Falomo, Ikoyi, Lagos
Vallecano Ventures
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

Showing 1–20 of 63 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 ₦1,500,000,000.

Most commercial land in Ikoyi, Lagos are priced between ₦4,500,000 and ₦6,500,000,000.

Prices for commercial land in Ikoyi, Lagos go up to around ₦30,000,000,000.

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

There are 63 available commercial land in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.