Yes, it is entered as an investment sale. As you go through the screens it will ask if you sold any investments and you will select Yes. Then, on the following screens you will see several options for types of investments. Select the one for Land.
While inside the software and
working on your return, type land sale in the Search at the
top of the screen (you may see a magnifying glass there). There will be a
popup that says Jump to land sale. Select that to get to the general area.
If that doesn't work for you, you can go to the Federal Taxes tab > Investment Income > Stock, Mutual Funds, Bonds, Other. Select that option.