The correct alternative is option B: bike paths and stores
In business, the term land refers to the sort of assets which have economic values, fixed in one place and took up certain portion of a geographical area belonging to an organization. Things such as bike paths and stores fulfill all those two criteria.
Land is including in the factors of production that any entrepreneur possess when creating her business aiming to make profit by producing certain good or service.
The term "land" includes all physical elements in the wealth of a nation bestowed by nature; such as climate, environment, fields, forests, minerals, mountains, lakes, streams, seas, and animals. As an asset, it includes anything on the ground (such as buildings, crops, fences, trees, water).