Land may be considered strategic for two primary reasons;
- The location of the land may form an access route upon development, subsequently opening up a larger area of land for potential development.
- The land may be within the boundaries of an existing developed area, meaning it will tend to gain value regardless of how much is invested in it, and that it may be developed over a short, medium, or long term. Brownfield sites are an excellent example of this.
The value of strategic land lies in the way it is processed through the planning application system, or through development, and subsequent sale. As mentioned above, the land may also be held as an investment.