Nigeria Property Centre

Commercial Land in Victoria Island (VI), Lagos

There are 206 land for sale and rent in Victoria Island (VI) as of 27 Oct 2026, with an average price of ₦5.1B. 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.

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1–20 of 206 properties

Premium
₦55,000,000 /yr

Commercial land for rent

1,000SQM Land

An excellent 1,000sqm bare land is available for lease in the heart of Oniru, Victoria Island, Lagos. Strategically located in a high-traffic commercial area, this site offers outstanding visibility and accessibility, making it ideal for businesses seeking a prime location. Whether you're planning an automobile showroom, restaurant, car wash, or another commercial venture, this property provides the flexibility and exposure needed for success. Property Details Location: Oniru, Victoria Island, Lagos Property Type: Bare Commercial Land Land Size: Approximately 1,000sqm Annual Rent: ₦55,000,000 Minimum Lease Term: 3 Years Property Highlights - Prime Commercial Location - Bare Land Ready for Development - Excellent Visibility - Easy Accessibility - High-Traffic Environment - Suitable for Multiple Commercial Uses Suitable Uses - Automobile Showroom - Restaurant - Car Wash - Retail Development - Experience Centre - Corporate Office - Commercial Plaza - Other Commercial Businesses Investment Highlights - Prime Oniru Address - High Commercial Potential - Excellent Customer Accessibility - Flexible Business Opportunities - Strong Commercial Demand Ideal Tenant This property is ideal for automobile dealers, restaurant operators, retail brands, developers, and businesses seeking a strategic commercial location in Oniru. Annual Rent ₦55,000,000 Location Oniru, Victoria Island, Lagos Land Size Approximately 1,000sqm Property Type Bare Commercial Land Lease Term Minimum of 3 Years

Oniru, Victoria Island (VI), Lagos
1000 sqm
Monuel Properties & Co
Premium
$1,600 per sq.m

Commercial land for sale

Many Commercial Land

An exceptional opportunity to acquire prime land parcels in Victoria Island, Lagos, with multiple sizes and pricing options available. These strategically located parcels come with Registered Title and offer excellent potential for premium developments in one of Lagos' most prestigious commercial and residential districts. Location Victoria Island, Lagos Title Registered Title Available Land Parcels 2,313sqm --- $2,100/sqm 3,307sqm --- $2,000/sqm 3,336sqm --- $1,680/sqm 3,356sqm --- $1,680/sqm (@ ₦1,335/$) 3,563sqm --- $1,600/sqm 3,582sqm --- $2,100/sqm 3,719sqm --- $1,600/sqm 3,870sqm --- $2,100/sqm 4,379sqm --- $2,310/sqm 6,692sqm --- $1,680/sqm (@ ₦1,335/$) 7,282sqm --- $1,600/sqm 7,452sqm --- $2,200/sqm 13,757sqm --- $1,800/sqm Development Potential These prime land parcels are suitable for: - Luxury Residential Developments - High-Rise Residential Projects - Commercial Developments - Corporate Headquarters - Premium Mixed-Use Developments - Hospitality & Investment Projects Investment Highlights - Prime Victoria Island location - Multiple land sizes available - Registered Title - Suitable for large-scale and premium developments - Strong potential for high-value residential and commercial projects - Flexible options for developers and institutional investors This is a rare opportunity to secure substantial development land in Victoria Island, with multiple parcel sizes available to accommodate a range of luxury residential, high-rise, commercial, and mixed-use development concepts. Pricing From $1,600 per sqm Multiple parcels and sizes available

Victoria Island (VI), Lagos
Monuel Properties & Co
Land for Commercial Use — St. Samuel Manuwa Off Ozumba Mbaduwe/Abayode Cole, Victoria Island (VI), Lagos
Premium
1
₦5,000,000,000

Commercial land for sale

Land for Commercial Use

Sir Samuel Manuwa Victoria Island Land Size: 1,759 Sqm Location: St. Samuel Manuwa Off Ozumba Mbaduwe/Abayode Cole Price: 5 Billion Title: C of O

St. Samuel Manuwa Off Ozumba Mbaduwe/Abayode Cole, Victoria Island (VI), Lagos
1759 sqm
Chamike Nigeria Limited
Prime Corner Piece Land — Bishop Adeboye Cole / Ademola Adetokumbo, Victoria Island (VI), Lagos
Premium
1
₦7,500,000,000

Commercial land for sale

Prime Corner Piece Land

Victoria Island Prime corner piece for sale Corner piece of Bishop adeboye Cole/ Ademola Adetokumbo Victoria Island Approx. 1,739 SQM Asking Price: ₦7.5B asking.

Bishop Adeboye Cole / Ademola Adetokumbo, Victoria Island (VI), Lagos
1739 sqm
Flowtouch Properties
Strategic 1700 SQM Plot — Adetokunbo Ademola Way, Victoria Island (VI), Lagos
Premium
1
₦7,500,000,000

Commercial land for sale

Strategic 1700 SQM Plot

Bareland High visibility Prime location High traffic 1700 sqm Adjoining two streets 2 units available

Adetokunbo Ademola Way, Victoria Island (VI), Lagos
Vallecano Ventures
Land — Ahmadu Bello Way, Victoria Island (VI), Lagos
Premium
3
₦9,000,000,000

Commercial land for sale

Land

Sales in victoria island a prime and exceptional investment opportunity to acquire a strategically located landed property. Property Details *Land Size: 2,800 sqm *Title: Federal Certificate of Occupancy (89 years unexpired) Price: ₦9 Billion (Net) Property Features: Existing office building Fully fenced premises *Ideal for office use, also with potential for residential or redevelopment. Location: Along Ahmadu Bello Way, Victoria Island, Lagos

Ahmadu Bello Way, Victoria Island (VI), Lagos
2800 sqm
Kland Realtors
Commercial Land for Development — Victoria Island (VI), Lagos
Premium
1
₦4,000,000

Commercial land for sale

Commercial Land for Development

Land Measuring 3500sqm in VI a prime 3,500 sqm parcel of land located directly on a major road in Victoria Island, Lagos, is available for sale. The property is suitable for commercial or mixed-use development, offering excellent visibility and accessibility in a prestigious commercial district. Property Features - Land size: 3,500 sqm - Prime Victoria Island location - Direct road frontage - Suitable for commercial or mixed-use development - Excellent visibility and accessibility - Complete documentation available - 100% closeable Title Documents - Federal Allocation - Certificate of Occupancy (C of O) - Survey Plan Price - ₦4,000,000 per sqm - Total Price: ₦14,000,000,000 (₦14 Billion) This property is ideal for investors and developers seeking a strategically located parcel of land for commercial or mixed-use development in one of Lagos's prime business districts. For more Information, Pricing and Private Viewings Please Contact: Jennifer: +234 704 808 9361 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Victoria Island (VI), Lagos
3500 sqm
C W Real Estate
Premium
₦1,500,000

Commercial land for sale

Prime 1,315SQM Commercial Land

"An excellent opportunity to acquire a 1,315sqm property in the sought-after Oniru district of Lagos. The property comprises a detached house with Boys' Quarters (BQ), offering potential for commercial use or redevelopment, subject to the relevant planning and development approvals. Property Details Location: Oniru, Lagos Land Size: 1,315sqm Existing Structure: Detached House with Boys' Quarters (BQ) Property Type: Commercial Property / Redevelopment Opportunity Asking Price Price per sqm: ₦1,500,000 Total Asking Price: ₦1,972,500,000 (₦1.9725 Billion) a compelling opportunity for investors and developers seeking a strategically located property in Oniru." For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 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

Oniru, Victoria Island (VI), Lagos
C W Real Estate
Commercial Land on 1500SQM — Off Adeola Odeku, Victoria Island (VI), Lagos
Premium
3
₦6,500,000,000

Commercial land for sale

Commercial Land on 1500SQM

For sale!! Old structure seating on 1500sqm Location: off adeola Odeku, Victoria island Price: N6.5billion Title: c of o

Off Adeola Odeku, Victoria Island (VI), Lagos
25 Parking 1500 sqm
Loyalty Homes Limited
Direct 1300 SQM Plot with Foundation — Adeola Odeku Way, Victoria Island (VI), Lagos
Premium
2
₦4,500,000,000

Commercial land for sale

Direct 1300 SQM Plot with Foundation

High visibility High traffic High rise structures approval Cfo Serious buyer only pls

Adeola Odeku Way, Victoria Island (VI), Lagos
Vallecano Ventures
Detached House on Prime 3,232SQM Commercial Land — Victoria Island (VI), Lagos
Premium
2
₦2,500,000 per sq.m

Commercial land for sale

Detached House on Prime 3,232SQM Commercial Land

Fenced Commercial Land measuring 3,232sqm with existing detached house (currently used as an office) located off Akin Adesola Street, Victoria Island, Lagos. Features include: Suitable for redevelopment of contemporary High-rise Office development; Suitable for development of commercial multi-storey car-park; High-traffic prone street; Flood-free neighbourhood; etc. Sale Price is NGN8,080,000,000 (EIGHT billion eighty million naira ONLY) @ NGN2,500,000 (Two Million Five Hundred Thousand Naira) per square meter. Title is Lagos State Governor's Consent. Agency Fee applies. All pricing are as at november 26, 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.

Victoria Island (VI), Lagos
3232 sqm
First Colony Real Estate Company LTD
Prime 2000SQM Fenced Commercial Land — Adeola Odeku Way, Victoria Island (VI), Lagos
Premium
6
₦3,700,000 per sq.m

Commercial land for sale

Prime 2000SQM Fenced Commercial Land

Fenced Commercial Land measuring 2000 sqm located along Adeola Odeku Street (Rear Plot -- not fronting Adeola Odeku Way), Victoria Island, Lagos. Features include: Suitable for development of contemporary Block of Apartments; Suitable for development of Specialized Office Building; High-traffic prone street; Flood-free neighbourhood; etc. Sale Price is NGN3,700,000 (THREE million seven hundred thousand NAIRA) per square meter. Title is Lagos State Governor's Consent. Agency Fee applies. All pricing are as at july 27, 2026 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.

Adeola Odeku Way, Victoria Island (VI), Lagos
2000 sqm
First Colony Real Estate Company LTD
4, 500SQM Virgin Water-Front Land for Hotel or Commercial Building — Victoria Island (VI), Lagos
Premium
7
₦18,000,000,000

Commercial land for sale

4, 500SQM Virgin Water-Front Land for Hotel or Commercial Building

Virgin Water-Front land measuring 4,500 sqm with Embankment and Approved for Commercial Purpose located along Ozumba Mbadiwe Way, Victoria Island, Lagos. Neighbourhood details: Victoria Island remains one of the most commercially valuable real estate markets in West Africa. Its concentration of corporate headquarters, premium infrastructure, luxury lifestyle amenities, and sustained demand for high-quality properties makes it a prime location for property investment, development, and marketing. Despite challenges such as traffic congestion and high development costs, its prestige, rental potential, and long-term appreciation continue to make it one of Nigeria's strongest real estate markets. Site details: Square-shaped site, Water-front Site, Front Plot (facing Ozumba Mbadiwe), Flood-free site; slightly over 4500 sqm, etc. Financials/terms: Sale Price is NGN18,000,000,000 (EIGHTEEN billion NAIRA). Title is Lagos Certificate of Occupancy. Agency Fee applies. All pricing are as at august 4, 2026 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.

Victoria Island (VI), Lagos
4500 sqm
First Colony Real Estate Company LTD
Land Measuring 1557 SQM — Off Adeola Odeku, Victoria Island (VI), Lagos
Premium
3
₦6,500,000,000

Commercial land for sale

Land Measuring 1557 SQM

For sale Access Bank Building Land size: 1557.69sqmt Location: Off adeola odeku Victoria island *Price: 6.5B net

Off Adeola Odeku, Victoria Island (VI), Lagos
Gripzace Realty LTD
Premium
₦4,200,000,000

Commercial land for sale

Prime 2,500SQM Land

"An exceptional investment opportunity to acquire a prime 2,500sqm property with an additional massive 3,000sqm expressway setback along Oniru Road, Lekki Right. The property enjoys excellent accessibility via Maruwa, near Pinnacle Petrol Station, directly on the road leading to Oniru Market, opposite Oceancrest School, and backing the Lekki Expressway with a setback facing the expressway. With its strategic road frontage, substantial land area, and existing building approval, this property presents an attractive opportunity for investors and developers seeking a prominent location for a major commercial or mixed-use development, subject to applicable planning regulations. Property Details Location: Oniru Road, Lekki Right, Lagos Main Land Size: 2,500sqm Additional Expressway Setback: Approximately 3,000sqm Title: Certificate of Occupancy (C of O) Approval: Building Approval for a 5-Floor, 2-Block Building Accessibility: Via Maruwa, near Pinnacle Petrol Station Expressway Advantage: Backs the Lekki Expressway, with a setback facing the expressway Flexible Acquisition Option The main 2,500sqm parcel can be sold in two halves of 1,250sqm each, subject to confirmation of the subdivision arrangements and applicable approvals. Investment Potential Ideal for developers and investors seeking a strategically positioned property with strong visibility, convenient access, and potential for a substantial commercial or mixed-use project. Asking Price ₦4,200,000,000 (₦4.2 Billion)" For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 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

Victoria Island (VI), Lagos
C W Real Estate
Premium
₦40,000,000,000

Commercial land for sale

Waterfront Land

For sale in victoria island Waterfront land measuring 9000m² Location: Ozumba Mbadiwe Road, VI Price: N40b For more details, pls contact: Oakland Realtors 08155952653, 08168808462

Ozumba Mbadiwe Road, Victoria Island (VI), Lagos
9000 sqm
Oakland Realty
Premium
₦150,000 /yr

Commercial land for rent

Land

For lease: 3000sqm land for lease Location Idowu Martins VI Rent 150k per sqm p.a 3yrs upfront payments minimum For more details, pls contact; Oakland Realtors 08155952653, 08168808462

Idowu Martins VI, Victoria Island (VI), Lagos
3000 sqm
Oakland Realty
14000 SQM Dry Land in a Prime Location — Akin Ogunlewe Street, Victoria Island (VI), Lagos
Premium
1
₦30,800,000,000

Commercial land for sale

14000 SQM Dry Land in a Prime Location

Remarkable sale - prime land in Victoria Island This property is also facing the Lagos Calabar coastal road. Location: Directly on Akin Ogunlewe Street, off Ligali Ayorinde Street, Victoria Island, Lagos. One of the most sought-after streets in VI - solid road network, highbrow neighborhood, 2 mins to Adeola Odeku & Ahmadu Bello Way. Land size: 14,000 Sqms (Contiguous & Table Dry Land) We will sell minimum from 5000 square meters. Title: Lagos State Certificate of Occupancy (C of O) - Bankable, transferable, and perfect title for commercial development. Price: N2,200,000 per Sqm Total Package: N30.8B (Slightly negotiable for serious buyer) Best use: High-rise Luxury Apartments, 5-Star Hotel, Corporate Headquarters, Mixed-use Commercial Tower.

Akin Ogunlewe Street, Victoria Island (VI), Lagos
14000 sqm
Verarch Homes Limited
Commercial Land - Certificate of Ocupancy — Jubril Martins Street, Off Ajose Adeogun Street, Victoria Island (VI), Lagos
Premium
1
₦2,250,000,000

Commercial land for sale

Commercial Land - Certificate of Ocupancy

Prime land for sale in Victoria Island. Location: Jubril Martins Street, off Ajose Adeogun Street, Victoria Island, Lagos Size: 900 SQM Title: Governor's Consent Price: N2,250,000,000.00

Jubril Martins Street, Off Ajose Adeogun Street, Victoria Island (VI), Lagos
900 sqm
Citi Walls Property Managers
Beautiful Bare Land — Off Adeola Odeku, Victoria Island (VI), Lagos
Premium
1
₦150,000 /yr

Commercial land for rent

Beautiful Bare Land

Land for lease Beautiful land on off Adeola Odeku, Victoria Island Lagos. Price: 150k per sqm Agency: 10% gross lease value Legal: 10% gross lease value Land size: 3000sqm Title: Governor's Consent. Good for: - Restaurant - Car lots - Lounge/bar - Event center - GYM Book for inspection

Off Adeola Odeku, Victoria Island (VI), Lagos
3000 sqm
Tenvo Ventures

Showing 1–20 of 206 properties

Area Guide

About Victoria Island (VI), Lagos

Victoria Island (VI) is an affluent area that encompasses a former island of the same name that sits between Lagos Island and the Lekki Peninsula in the Lagos Lagoon. It is the main business and financial centre of Lagos in Lagos State, Nigeria. Victoria Island is one of the most exclusive and expensive areas to live in Nigeria. The town and island lie within the boundaries of the Eti-Osa LGA.

Originally designated an upscale residential area, failing infrastructure and overcrowding in the old business district on Lagos Island and lax zoning enforcement in Victoria Island led to a mass migration of businesses over the last twenty-five years. Today, Victoria Island is one of Nigeria's busiest centres of banking and commerce, with most major Nigerian and international corporations headquartered on the Island.

The Island has continued to rapidly develop and along with Ikoyi, is a favourite spot for Nigerians and foreigners to live and play.

Read the full area guide
FAQ

Frequently asked questions

The average price of commercial land in Victoria Island (VI), Lagos is ₦5,100,000,000.

Most commercial land in Victoria Island (VI), Lagos are priced between ₦2,500,000,000 and ₦8,600,000,000.

Prices for commercial land in Victoria Island (VI), Lagos go up to around ₦49,700,000,000.

Prices for commercial land in Victoria Island (VI), Lagos start from around ₦1,300,000,000.

There are 206 available commercial land in Victoria Island (VI), Lagos. You can view and filter the list of property by price, furnishing and recency.

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