Land prices in Cornerstone Construction Estate, Lagos
Cornerstone Construction Estate is a gated estate in Magodo Phase 2, Ketu, Ikeja LGA, Lagos, in the prime zone. Residential land is about ₦810,000 per m², so a typical 600 m² plot is about ₦486m.
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| Typical 600 m² plot | ₦486m | residential |
| Land: residential | ₦810,000 | per m² |
| Land: commercial | ₦899,470 | per m² |
| Land: industrial | ₦803,321 | per m² |
| Building: 2-bed flat | ₦155.8m | asking price |
| Building: 3-bed flat | ₦265.6m | asking price |
| Building: 4-bed house | ₦432m | asking price |
| Building: 5-bed house | ₦678.8m | asking price |
| Rent: 1-bed / mini flat | ₦2.6m | per year |
| Rent: 2-bed flat | ₦5.2m | per year |
| Rent: 3-bed flat | ₦8m | per year |
| Rent: 4-bed house | ₦20.5m | per year |
| Rent: shop or office | ₦60,839 | per m² per year |
Ikeja LGA as a whole: ₦679,000 per m² median. Coordinates 6.62020, 3.36220.
Questions people ask
How much is a plot of land in Cornerstone Construction Estate, Lagos?
A typical 600 m² residential plot in Cornerstone Construction Estate, Lagos is about ₦486m (around ₦810,000 per m²) in asking prices as of October 2026. Commercial land is about ₦899,470 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Cornerstone Construction Estate, Lagos?
About ₦8m a year for a 3-bedroom flat, ₦5.2m for a 2-bedroom flat and ₦2.6m for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Cornerstone Construction Estate, Lagos?
Asking prices for a 4-bedroom house in Cornerstone Construction Estate, Lagos are around ₦432m; a 3-bedroom flat around ₦265.6m (October 2026).