Serviced Residential Plots, Oka Hill Garden Estate
₦18,500,000
Description
600sqm serviced plots within an approved gated layout off Benin–Sapele Road. Road network, drainage and perimeter fencing already completed.
Features
Pending Verification
This property has not been fully verified yet. We recommend requesting a verification search before proceeding.
Owner Info
VeriLand AI-Powered Land Insight Engine
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⚠️ VeriLand Advisory: Survey Plan documentation detected. This establishes physical boundary definition but does not confer statutory ownership protection. Recommended action: Proceed with a formal Title Search via VeriLand's verification portal to confirm the subsisting title position before any consideration of purchase.
🏗️ Development Scope: Optimized for immediate residential layout deployment. This parcel aligns with local town planning environmental guidelines for Edo State, qualifying for single-family, multi-unit, or estate development under current zoning regulations. Demand for residential land in Ikpoba Okha continues to trend upward as urban migration accelerates across the region.
✅ Topographical Clearance: Stable terrain profile recorded for this coordinate matrix. No active erosion alerts, gully hazard vectors, or soil degradation notices are currently flagged in the VeriLand environmental risk database for this location. Site is cleared for standard foundation engineering without specialist geotechnical pre-conditions.
Based on comparable residential transactions in Ikpoba Okha, Edo, the listed price of ₦18,500,000 (₦30,833/sqm) positions this parcel within the market's mid-range. The estimated fair value corridor of ₦15,725,000 – ₦22,200,000 reflects a ±15–20% volatility band standard for Edo property markets. Parcels with verified C-of-O in this corridor have recently transacted at 8–12% premiums over comparable customary title land.
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