Buildocrat Land Value Book

Land prices in Cocaine Estate, Rivers

Cocaine Estate is a gated estate in Elelenwo, Obio/Akpor LGA, Rivers, in the high-income zone. Residential land is about ₦110,000 per m², so a typical 465 m² plot is about ₦51.1m. Location approximate (taken from listing addresses).

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Land, building and rental values

Typical 465 m² plot₦51.1mresidential
Land: residential₦110,000per m²
Land: commercial₦178,051per m²
Land: industrial₦115,897per m²
Building: 2-bed flat₦138.8masking price
Building: 3-bed flat₦162.2masking price
Building: 4-bed house₦212masking price
Building: 5-bed house₦269.5masking price
Rent: 1-bed / mini flat₦1.5mper year
Rent: 2-bed flat₦3.6mper year
Rent: 3-bed flat₦5.3mper year
Rent: 4-bed house₦11.4mper year
Rent: shop or office₦23,771per m² per year

Obio/Akpor LGA as a whole: ₦47,200 per m² median. Coordinates 4.85220, 7.04720.

Questions people ask

How much is a plot of land in Cocaine Estate, Rivers?

A typical 465 m² residential plot in Cocaine Estate, Rivers is about ₦51.1m (around ₦110,000 per m²) in asking prices as of October 2026. Commercial land is about ₦178,051 per m². Source: Buildocrat Land Value Book, updated weekly.

How much is rent for a 3-bedroom flat in Cocaine Estate, Rivers?

About ₦5.3m a year for a 3-bedroom flat, ₦3.6m for a 2-bedroom flat and ₦1.5m for a 1-bedroom or mini flat (October 2026).

How much does a 4-bedroom house cost in Cocaine Estate, Rivers?

Asking prices for a 4-bedroom house in Cocaine Estate, Rivers are around ₦212m; a 3-bedroom flat around ₦162.2m (October 2026).

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