Land prices in Peace Estate Magboro, Ogun
Peace Estate Magboro is a gated estate in Akeran, Ibafo, Obafemi Owode LGA, Ogun, in the lower-income zone. Residential land is about ₦40,000 per m², so a typical 600 m² plot is about ₦24m.
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| Typical 600 m² plot | ₦24m | residential |
| Land: residential | ₦40,000 | per m² |
| Land: commercial | ₦40,000 | per m² |
| Land: industrial | ₦28,184 | per m² |
| Building: 2-bed flat | ₦55.4m | asking price |
| Building: 3-bed flat | ₦67.4m | asking price |
| Building: 4-bed house | ₦103.7m | asking price |
| Building: 5-bed house | ₦158.1m | asking price |
| Rent: 1-bed / mini flat | ₦643,001 | per year |
| Rent: 2-bed flat | ₦1.5m | per year |
| Rent: 3-bed flat | ₦2.4m | per year |
| Rent: 4-bed house | ₦4.5m | per year |
| Rent: shop or office | ₦90,466 | per m² per year |
Obafemi Owode LGA as a whole: ₦2,790 per m² median. Coordinates 6.71760, 3.40810.
Questions people ask
How much is a plot of land in Peace Estate Magboro, Ogun?
A typical 600 m² residential plot in Peace Estate Magboro, Ogun is about ₦24m (around ₦40,000 per m²) in asking prices as of October 2026. Commercial land is about ₦40,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Peace Estate Magboro, Ogun?
About ₦2.4m a year for a 3-bedroom flat, ₦1.5m for a 2-bedroom flat and ₦643,001 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Peace Estate Magboro, Ogun?
Asking prices for a 4-bedroom house in Peace Estate Magboro, Ogun are around ₦103.7m; a 3-bedroom flat around ₦67.4m (October 2026).