Recently inherited land

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Need to know more about the land:

a.  Zoning

b.  Flood plain

c.  Road access

d.  County/City subdivision rules

e.  Build versus sell; what is your risk aversion?  Do you want to finance $15,000,000 of housing for x years and sell; do you want to sell subdivided land lots with little input, etc.

f.  Number of acres and configuration of land.  Long rectangle along the road or a triangle.

g.  Just a wording thing, is it inherited or gifted (gave you)?  Tax basis implications.