The phrase refers to property missing particular zoning ordinances or non-public restrictions that dictate its use. It usually permits an proprietor higher latitude in figuring out how the parcel is developed or utilized. As an example, a person would possibly assemble varied constructions, have interaction in numerous enterprise actions, or subdivide the land with no need to stick to traditional residential or industrial zoning laws.
Such a property can supply appreciable benefits. It gives flexibility for revolutionary tasks and nontraditional ventures that is likely to be hindered by typical land-use limitations. Traditionally, it facilitated settlement and improvement in areas previous to complete planning and zoning implementation. The potential for numerous purposes can even improve its worth, attracting consumers in search of distinctive alternatives.
