Warehouse & Industrial Plot, Ikpoba Hill Layout
₦320,000,000
Description
2,400sqm industrial plot with an existing 800sqm warehouse shed, loading ramp and dedicated 500KVA transformer at Ikpoba Hill Industrial Layout.
Features
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Owner Info
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🛡️ VeriLand Trust Score: HIGH. This parcel possesses a verified Certificate of Occupancy registered under the State land registry database. The title is fully eligible for corporate collateralization, bank mortgage financing, and institutional investment instruments in accordance with Nigerian Land Use Act provisions.
🏭 Industrial Designation: Cleared for heavy and light manufacturing, logistics, or warehousing operations. This classification benefits from SEZ proximity advantages in Edo and is strategically positioned to capture the $2.3B AFCFTA logistics corridor opportunity emerging across West Africa's inland distribution network.
✅ 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 industrial transactions in Ikpoba Okha, Edo, the listed price of ₦320,000,000 (₦133,333/sqm) positions this parcel within the market's mid-range. The estimated fair value corridor of ₦272,000,000 – ₦384,000,000 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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