A rare opportunity is now available to acquire 700 square metres of prime commercial land strategically located along Oba Akran Road, Ikeja, one of Lagos State’s busiest and most commercially viable corridors.
This bare land with a Lagos State Certificate of Occupancy (C of O) is ideal for a wide range of commercial developments and offers strong potential for both immediate use and long-term capital appreciation.
Property Overview
- Property Type: Commercial Land
- Land Size: 700 Square Metres
- Location: Oba Akran Road, Ikeja, Lagos
- Property Use: Commercial
- Condition: Bare land, ready for development
This land is well-positioned along a major commercial axis, offering excellent visibility, accessibility, and business potential.
Location Advantage – Oba Akran, Ikeja
Oba Akran Road is one of the most prominent commercial routes in Ikeja, serving as a major link between key business districts and residential neighborhoods.
Key Location Benefits:
- High vehicular and pedestrian traffic
- Close to Alausa Secretariat
- Easy access to Ikeja GRA, Allen, Maryland, and Oregun
- Proximity to banks, corporate offices, malls, hotels, and eateries
- Excellent road connectivity to major highways
This location is ideal for businesses that require maximum visibility and accessibility.
Commercial Development Potential
The 700sqm land size makes this property suitable for multiple commercial development options.
Ideal for:
- Office complex or corporate headquarters
- Retail plaza or shopping complex
- Bank branch or financial institution
- Fuel station (subject to regulatory approvals)
- Restaurants, lounges, or hospitality outlets
- Showrooms or mixed-use commercial buildings
Given the strong demand for commercial space in Ikeja, this property offers high rental yield and rapid return on investment.
Infrastructure & Facilities
The property is located in a fully developed urban environment with access to essential infrastructure, including:
- ✔️ Reliable electric power supply
- ✔️ Water supply systems
- ✔️ Gas supply access
- ✔️ Domestic sewage system
- ✔️ Proper rainwater drainage
- ✔️ Adequate space for car parking
These features help reduce development costs and speed up project execution.
Title & Documentation
- Title: Lagos State Certificate of Occupancy (C of O)
- Status: Clean, verifiable, and suitable for due diligence
This ensures a secure transaction and ease of ownership transfer.
Price & Fees
- Outright Price: ₦600,000,000
- Agent Fee: ₦30,000,000
Price reflects the premium commercial location and strong development potential of the property.
Key Highlights
- ✅ 700sqm prime commercial land
- ✅ Located along Oba Akran Road, Ikeja
- ✅ High-traffic commercial corridor
- ✅ Bare land ready for development
- ✅ Lagos State C of O
- ✅ Excellent ROI potential
Who Should Buy This Property?
- Real estate developers
- Corporate organizations
- Business owners
- Commercial investors
- Institutional buyers
Inspection & Enquiries
This is a high-demand commercial asset in one of Lagos’ most active business districts.
📞 Contact / WhatsApp: 08034139285
Early inspection is strongly recommended, as commercial lands along Oba Akran are rarely available and sell quickly.
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