Commercial land for sale
Commercial Land with Direct Expressway Frontage
Prime Commercial Plot For Sale Directly Facing Lekki-Epe Expressway, By Tyrese Filling Station, Linking Conservative Road & Orchid Road, Lekki, Lagos 800 SQM Direct Expressway Frontage Governor's Consent ₦550 Million ≈ ₦687,500 per SQM Property Overview - Location: Directly facing Lekki-Epe Expressway, by Tyrese Filling Station, linking Conservative Road and Orchid Road, Lekki, Lagos. - Land Size: 800 SQM. - Plot Type: Commercial plot with direct expressway frontage. - Title: Governor's Consent. - Asking Price: ₦550,000,000. - Price per SQM: ≈ ₦687,500. - Status: Vacant commercial land, ready for immediate development. Key Highlights - Direct Expressway Frontage: Unmatched visibility and accessibility on the Lekki-Epe Expressway -- one of Lagos's busiest and most important commercial corridors. - Strategic Location: Situated by Tyrese Filling Station, linking Conservative Road and Orchid Road -- a high-traffic junction with excellent connectivity. - Strong Governor's Consent Title: State-granted title providing legal security and facilitating financing and resale. - Commercial Zoning: Ideal for high-impact commercial developments that benefit from expressway exposure. - Competitive Pricing: At approximately ₦687,500 per SQM, this is attractively priced for a titled commercial plot with direct expressway frontage. Development Potential This plot is ideal for a range of commercial projects: - Shopping Plaza or Retail Complex -- capitalise on high traffic and visibility. - Corporate Office Building -- for companies seeking a prominent Lekki address. - Hotel or Serviced Apartments -- cater to business and leisure travellers. - Showroom or Auto Dealership -- maximum brand exposure. - Mixed-Use Development -- ground floor retail with offices or residences above. - Bank Branch or Financial Centre -- convenient and visible location. - Restaurant or Drive-Through -- high-volume passing trade. Location Benefits -- Lekki-Epe Expressway, Orchid Road Axis - High-Traffic Corridor: The Lekki-Epe Expressway is a major artery connecting Ajah, Ikoyi, Victoria Island, and the Lekki Peninsula. - Proximity to Orchid Road: Direct link to Orchid Road, a prestigious residential and commercial corridor. - Established Neighbourhood: Surrounded by residential estates, schools, shopping centres, and other commercial developments. - Growing Demand: The area continues to attract premium residential and commercial activity, driving land values upward. - Future Appreciation: Ongoing infrastructure improvements and population growth support strong long-term capital growth. Investment Value - Asking Price: ₦550 Million. - Price per SQM: ≈ ₦687,500. - Market Context: For a commercial plot with direct expressway frontage and a Governor's Consent title, this price is competitive and reflects the premium location. - Income Potential: A commercial development here can generate strong rental yields from retail, office, or hospitality tenants. - Capital Appreciation: Land values along the Lekki-Epe Expressway have shown consistent appreciation due to limited supply and high demand. Sale Opportunity a prime commercial plot in a high-visibility, high-traffic location. Perfect for developers or business owners looking to establish a landmark presence on the Lekki-Epe Expressway. Ideal For: - Commercial real estate developers. - Retail chains and franchises. - Hotel and hospitality investors. - Corporate organisations seeking a flagship location. - High-net-worth portfolio investors. Next Steps: - Site Inspection. - Title Verification (Governor's Consent at the Lagos State Lands Bureau). - Purchase Negotiation. - Closing & Handover. Lekki-Epe Expressway + 800 SQM Commercial Plot + Governor's Consent + ₦550M -- a rare high-visibility opportunity. Serious inquiries only -- direct mandate.