Which of the following is NOT a physical characteristic of land?

The concept of scarcity is generally associated with economic characteristics rather than physical characteristics of land. Scarcity refers to the limited nature of resources available to meet unlimited wants, which impacts land's value and market dynamics. It indicates that although there is a finite amount of land available, this characteristic pertains to economics and market conditions rather than the inherent physical properties of the land itself.

In contrast, indestructibility refers to the fact that land cannot be destroyed; it remains intact no matter the changes that might occur on its surface. Uniqueness indicates that no two parcels of land are exactly the same; each has its own specific location and characteristics. Immobility denotes that land cannot be moved from one location to another. These three characteristics illustrate the physical traits of land, emphasizing its permanence and individuality in real estate. Thus, while scarcity is an important concept in real estate economics, it does not fit within the defined physical characteristics of land.