5,000sqm Farmland with Registered Survey, Okada
₦25,000,000
Description
Agricultural land along the Okada–Lagos road corridor suitable for plantation or agro-processing. Registered survey plan available; C of O processing in progress.
Features
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Owner Info
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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.
🌾 Agricultural Zoning: Explicitly designated for agro-allied development. This corridor is protected from urban residential encroachment under the Edo State agricultural land use policy framework. Current government incentives under the Anchor Borrowers Programme and AFAN-backed cooperatives create strong investment upside for agro-processing and storage infrastructure on parcels of this classification.
✅ 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 agricultural transactions in Ovia North-East, Edo, the listed price of ₦25,000,000 (₦5,000/sqm) positions this parcel within the market's mid-range. The estimated fair value corridor of ₦21,250,000 – ₦30,000,000 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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