Which of the following is NOT a factor in determining land value?

The correct choice is based on understanding the various factors that influence land value in property assessments. Accessibility to highways, the size and shape of the land, and nearby commercial developments are all significant elements that can affect how desirable a piece of land is for development or investment.

Accessibility to highways enhances land value due to the ease of transportation and the potential for attracting businesses and residents. The size and shape of the land also matter because larger parcels or those with favorable configurations can be more useful for certain types of development, thus increasing their market value. Additionally, nearby commercial developments can lead to increased land value as they often attract more traffic and create a local economy that supports additional growth.

In contrast, the color of the land typically has no bearing on its value or utility for development or commercial use. While it may be an aesthetic consideration, it does not impact the land's potential for use, access, or development. Therefore, this aspect is not considered when appraising land value.