Land prices in Pedro, Lagos
Pedro is a district in Bariga, Shomolu LGA, Lagos, in the high-income zone. Residential land is about ₦380,000 per m², so a typical 600 m² plot is about ₦228m.
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| Typical 600 m² plot | ₦228m | residential |
| Land: residential | ₦380,000 | per m² |
| Land: commercial | ₦486,192 | per m² |
| Land: industrial | ₦536,925 | per m² |
| Building: 2-bed flat | ₦142.1m | asking price |
| Building: 3-bed flat | ₦186.9m | asking price |
| Building: 4-bed house | ₦316.1m | asking price |
| Building: 5-bed house | ₦531.9m | asking price |
| Rent: 1-bed / mini flat | ₦1.8m | per year |
| Rent: 2-bed flat | ₦4m | per year |
| Rent: 3-bed flat | ₦6m | per year |
| Rent: 4-bed house | ₦15.8m | per year |
| Rent: shop or office | ₦39,249 | per m² per year |
Shomolu LGA as a whole: ₦365,000 per m² median. Coordinates 6.54180, 3.37590.
Questions people ask
How much is a plot of land in Pedro, Lagos?
A typical 600 m² residential plot in Pedro, Lagos is about ₦228m (around ₦380,000 per m²) in asking prices as of October 2026. Commercial land is about ₦486,192 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Pedro, Lagos?
About ₦6m a year for a 3-bedroom flat, ₦4m 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 Pedro, Lagos?
Asking prices for a 4-bedroom house in Pedro, Lagos are around ₦316.1m; a 3-bedroom flat around ₦186.9m (October 2026).