Glossary: * Raw Land:
Undeveloped land that lacks infrastructure like roads, utilities, and often requires significant zoning and environmental approvals for development. * Build-Ready Lots: Land parcels that are already zoned, subdivided, and often have basic utilities (water, sewer, electricity) available, making them suitable for immediate construction. * Semi-Developed Lots: Land that may have some infrastructure or preliminary approvals but still requires further investment before being fully build-ready.