Land prices in Alagbado, Lagos
Alagbado is a district in Ikeja, Alimosho LGA, Lagos, in the middle-income zone. Residential land is about ₦120,000 per m², so a typical 600 m² plot is about ₦72m.
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| Typical 600 m² plot | ₦72m | residential |
| Land: residential | ₦120,000 | per m² |
| Land: commercial | ₦151,858 | per m² |
| Land: industrial | ₦165,832 | per m² |
| Building: 2-bed flat | ₦83.8m | asking price |
| Building: 3-bed flat | ₦98.3m | asking price |
| Building: 4-bed house | ₦160.9m | asking price |
| Building: 5-bed house | ₦223.8m | asking price |
| Rent: 1-bed / mini flat | ₦812,019 | per year |
| Rent: 2-bed flat | ₦1.9m | per year |
| Rent: 3-bed flat | ₦2.5m | per year |
| Rent: 4-bed house | ₦7.9m | per year |
| Rent: shop or office | ₦13,381 | per m² per year |
Alimosho LGA as a whole: ₦113,000 per m² median. Coordinates 6.65970, 3.25580.
Questions people ask
How much is a plot of land in Alagbado, Lagos?
A typical 600 m² residential plot in Alagbado, Lagos is about ₦72m (around ₦120,000 per m²) in asking prices as of October 2026. Commercial land is about ₦151,858 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Alagbado, Lagos?
About ₦2.5m a year for a 3-bedroom flat, ₦1.9m for a 2-bedroom flat and ₦812,019 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Alagbado, Lagos?
Asking prices for a 4-bedroom house in Alagbado, Lagos are around ₦160.9m; a 3-bedroom flat around ₦98.3m (October 2026).