Buildocrat Land Value Book

Land prices in Magodo Gatehouse Zone Isheri Gra, Lagos

Magodo Gatehouse Zone Isheri Gra is a gated area in Magodo Gate House, Olowoira, Kosofe LGA, Lagos, in the middle-income zone. Residential land is about ₦300,000 per m², so a typical 600 m² plot is about ₦180m.

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Land, building and rental values

Typical 600 m² plot₦180mresidential
Land: residential₦300,000per m²
Land: commercial₦412,810per m²
Land: industrial₦375,419per m²
Building: 2-bed flat₦113.6masking price
Building: 3-bed flat₦181.5masking price
Building: 4-bed house₦302.4masking price
Building: 5-bed house₦416.5masking price
Rent: 1-bed / mini flat₦1.8mper year
Rent: 2-bed flat₦3.6mper year
Rent: 3-bed flat₦5.5mper year
Rent: 4-bed house₦14.3mper year
Rent: shop or office₦39,669per m² per year

Kosofe LGA as a whole: ₦242,000 per m² median. Coordinates 6.62900, 3.38470.

Questions people ask

How much is a plot of land in Magodo Gatehouse Zone Isheri Gra, Lagos?

A typical 600 m² residential plot in Magodo Gatehouse Zone Isheri Gra, Lagos is about ₦180m (around ₦300,000 per m²) in asking prices as of October 2026. Commercial land is about ₦412,810 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Magodo Gatehouse Zone Isheri Gra, Lagos?

About ₦5.5m a year for a 3-bedroom flat, ₦3.6m for a 2-bedroom flat and ₦1.8m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Magodo Gatehouse Zone Isheri Gra, Lagos?

Asking prices for a 4-bedroom house in Magodo Gatehouse Zone Isheri Gra, Lagos are around ₦302.4m; a 3-bedroom flat around ₦181.5m (October 2026).

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