Commercial land for sale
Alasia Lekki-epe Expressway Corridor, Sangotedo, Ajah, Lagos
Prime express-facing land for sale in sangotedo, alasia, lekki-epe corridor
1 acre (β 4,047 sqm) direct expressway frontage governor's consent title β¦2 billion β β¦494,000 per sqm
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property overview
- location: sangotedo, alasia (lekki-epe expressway corridor), lagos.
- land size: 1 acre (approximately 4,047 sqm).
- key feature: directly facing the expressway -- maximum visibility and accessibility.
- title: governor's consent (strong, state-granted title).
- asking price: β¦2,000,000,000.
- price per sqm: β β¦494,000.
- mandate: semiβmandate (semiβexclusive representation). link available for discussion.
- status: titled expressβfacing land, ready for largeβscale commercial or mixedβuse development.
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key highlights
- expressway frontage -- unmatched visibility: positioned on the busiest arterial road in lekki, ideal for businesses, retail, hospitality, and institutional projects that rely on high footfall and brand exposure.
- large institutional scale: a full acre (4,047 sqm) provides ample space for a landmark development, massive parking, and phased expansion.
- governor's consent title: one of the strongest titles in lagos -- ensures legal security, bankability, and smoother resale or partnership.
- sangotedo growth node: this fastβdeveloping corridor is attracting major residential estates, schools, hospitals, and commercial hubs -- future appreciation is almost guaranteed.
- competitive perβsqm price: at β β¦494,000 per sqm, this is highly competitive for a titled expressβfacing plot of this scale on the lekkiβepe axis.
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οΈ development potential
the size and location make it suitable for:
- major shopping mall / mega plaza
- international hotel or serviced apartments
- corporate headquarters or business park
- specialist hospital or medical campus
- educational institution (university annex, international school)
- mixedβuse township (residential + commercial + leisure)
- place of worship with large parking capacity
- event centre & convention hall
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location benefits
- sangotedo -- alasia corridor: one of the fastestβgrowing segments of the lekkiβepe expressway, with ongoing infrastructure upgrades and new developments from abraham adesanya to epe.
- excellent connectivity: quick access to ajah, awoyaya, lakowe, and the emerging ibejuβlekki free trade zone (dangote refinery, lekki deep sea port, airport).
- high traffic density: thousands of vehicles daily -- ideal for customerβfacing businesses.
- strong demographics: rapid population growth from new estates and residential schemes ensures a ready market.
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investment value
- total asking price: β¦2 billion.
- price per sqm: β β¦494,000.
- market context: for comparison, expressβfacing plots in this corridor with governor's consent typically range from β¦400k to β¦700k per sqm depending on exact location and size. this listing is at the attractive lowerβmid range for a full acre.
- upside potential: as the ibejuβlekki megaβprojects come online, land values in sangotedo/alasia are poised for significant appreciation.
- development roi: a wellβexecuted commercial or mixedβuse project can generate substantial rental and capital returns.
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sale opportunity
this is a rare opportunity to acquire a full acre of titled expressβfacing land in one of lagos's most promising growth corridors. ideal for institutional investors, large developers, or corporate entities seeking a flagship location.
ideal for:
- real estate development conglomerates.
- hotel and hospitality groups.
- healthcare and education providers.
- retail and entertainment brands.
- religious and community organizations.
- land banking with a view to midβterm development.
governor's consent + express frontage + 1 acre -- a foundation for a landmark project.
semiβmandate -- serious principals only. link available for discussi...
More details
₦2,000,000,000
Ac Valour International
08036503218