1. A parcel of land with defined boundaries that is owned by a person or entity and can be bought, sold, or developed
They purchased a property lot in the suburban area to build their new house.
Eles compraram um lote de propriedade na área suburbana para construir sua nova casa.
2. A section of land divided from a larger piece of real estate, typically for residential or commercial development
The developer divided the large estate into multiple property lots for sale.
O desenvolvedor dividiu a grande propriedade em vários lotes de propriedade para venda.