A parcel of land is a part or area of land that is measured. A parcel is “a separate, continuous portion or tract of land” and “a part, portion, or fragment,” according to Dictionary.com.
When land is subdivided, purchased, and sold between owners, it is subdivided into lots. Land parcels are also referred to as tracts and lots of land. Commonly, parcels are measured and sold in terms of acres, which correspond to 4,840 square yards. One square mile contains 640 acres of land.
The origin of the term “parcel” is the Middle French word parcelle.