The specified alphanumeric string represents a physical location. It conforms to a standard address format, beginning with a numerical identifier, followed by a street name, and concluding with a city and state designation. This particular address pinpoints a specific property within a defined geographic region.
Such addresses are crucial for a multitude of applications, including property identification, mail delivery, emergency services dispatch, and geographic data analysis. They serve as the cornerstone for accurate location-based services and provide a concrete link between a place and its associated data. Historically, standardized addressing systems have facilitated efficient urban planning and resource allocation.