Land prices in Grace Land Estate, Lagos
Grace Land Estate is a gated estate in Adule Odun, Egbeda, Alimosho LGA, Lagos, in the middle-income zone. Residential land is about ₦160,000 per m², so a typical 600 m² plot is about ₦96m.
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| Typical 600 m² plot | ₦96m | residential |
| Land: residential | ₦160,000 | per m² |
| Land: commercial | ₦202,478 | per m² |
| Land: industrial | ₦202,827 | per m² |
| Building: 2-bed flat | ₦93.2m | asking price |
| Building: 3-bed flat | ₦109.9m | asking price |
| Building: 4-bed house | ₦180.9m | asking price |
| Building: 5-bed house | ₦259.4m | asking price |
| Rent: 1-bed / mini flat | ₦909,565 | per year |
| Rent: 2-bed flat | ₦2.2m | per year |
| Rent: 3-bed flat | ₦2.8m | per year |
| Rent: 4-bed house | ₦8.8m | per year |
| Rent: shop or office | ₦17,841 | per m² per year |
Alimosho LGA as a whole: ₦113,000 per m² median. Coordinates 6.58730, 3.27610.
Questions people ask
How much is a plot of land in Grace Land Estate, Lagos?
A typical 600 m² residential plot in Grace Land Estate, Lagos is about ₦96m (around ₦160,000 per m²) in asking prices as of October 2026. Commercial land is about ₦202,478 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Grace Land Estate, Lagos?
About ₦2.8m a year for a 3-bedroom flat, ₦2.2m for a 2-bedroom flat and ₦909,565 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Grace Land Estate, Lagos?
Asking prices for a 4-bedroom house in Grace Land Estate, Lagos are around ₦180.9m; a 3-bedroom flat around ₦109.9m (October 2026).