What Is Land in Real Estate?

In real estate, land refers to a parcel of earth’s surface—including soil, airspace, and subsurface rights—that can be bought, sold, or developed. Whether vacant or improved, land is the foundation of all property ownership.

🌳 Types of Land

  • Residential land: Zoned for homes, subdivisions, or condominiums.
  • Commercial land: For offices, retail, or mixed-use developments.
  • Agricultural land: Used for farming, ranching, or crops.
  • Vacant land: Undeveloped property often purchased for investment or future construction.

💡 Why Land Matters in Real Estate

Land determines a property’s value, zoning potential, and future use. Because it’s limited, well-located land appreciates over time and remains one of the most stable long-term investments. Understanding zoning, easements, and access is crucial before buying or selling.

📍 Selling Land FSBO with Brokerless

With Brokerless, landowners can list vacant or improved parcels on the local MLS through a flat fee listing plan. Your property gains visibility on Realtor.com, Zillow, and other syndicated sites while keeping full control and saving thousands in commissions.

📚 See more terms in our Real Estate Glossary.