noun
company-owned land
Refers to land owned by a company, often used in legal, real estate, or corporate contexts.
この社有地には新しい工場が建設される予定です。
A new factory is planned to be built on this company-owned land.
公有地 is publicly owned land, contrasting with 社有地 which is corporate-owned.
Compound of 社 (company) + 有 (own) + 地 (land). The reading is on'yomi.