Land prices in Power Line Estate, Ogun
Power Line Estate is a gated estate in Mfm Prayer City, Ibafo, Obafemi Owode LGA, Ogun, in the lower-income zone. Residential land is about ₦37,000 per m², so a typical 600 m² plot is about ₦22.2m.
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| Typical 600 m² plot | ₦22.2m | residential |
| Land: residential | ₦37,000 | per m² |
| Land: commercial | ₦37,000 | per m² |
| Land: industrial | ₦26,687 | per m² |
| Building: 2-bed flat | ₦53.8m | asking price |
| Building: 3-bed flat | ₦65.4m | asking price |
| Building: 4-bed house | ₦100.4m | asking price |
| Building: 5-bed house | ₦151.9m | asking price |
| Rent: 1-bed / mini flat | ₦623,534 | per year |
| Rent: 2-bed flat | ₦1.5m | per year |
| Rent: 3-bed flat | ₦2.4m | per year |
| Rent: 4-bed house | ₦4.4m | per year |
| Rent: shop or office | ₦83,681 | per m² per year |
Obafemi Owode LGA as a whole: ₦2,790 per m² median. Coordinates 6.72760, 3.41820.
Questions people ask
How much is a plot of land in Power Line Estate, Ogun?
A typical 600 m² residential plot in Power Line Estate, Ogun is about ₦22.2m (around ₦37,000 per m²) in asking prices as of October 2026. Commercial land is about ₦37,000 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in Power Line Estate, Ogun?
About ₦2.4m a year for a 3-bedroom flat, ₦1.5m for a 2-bedroom flat and ₦623,534 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in Power Line Estate, Ogun?
Asking prices for a 4-bedroom house in Power Line Estate, Ogun are around ₦100.4m; a 3-bedroom flat around ₦65.4m (October 2026).