Land value refers to the worth of a specific parcel of land, influenced by factors such as location, zoning, and surrounding infrastructure. Understanding land value is essential for real estate investors, as it impacts property pricing and investment potential. It can fluctuate based on market demand, economic conditions, and urban development. Assessing land value helps in making informed decisions regarding buying, selling, or developing properties. Ultimately, having a solid grasp of land value is crucial for anyone involved in real estate. landvalue​