When should land be disposed?

Land should be considered for disposal when it no longer aligns with an organization’s strategic goals, is underperforming in generating revenue, or requires excessive maintenance costs. Additionally, if the land is not suitable for development or if market conditions favor selling over holding, it may be prudent to dispose of it. Environmental concerns or liabilities may also necessitate disposal to mitigate risks. Ultimately, a thorough evaluation of financial, operational, and market factors should guide the decision.