Geographical location refers to a specific physical point on Earth. This is more precise than "area" or "place," often defined by a set of latitude and longitude coordinates.
Any location that has solid ground such as a country, island or panhandle can be a geographical location on the surface of the Earth. Even though some people state that only solid land that has the mass available for people or animals to live will qualify as one of these locations. On the other hand, areas like a panhandle that projects itself in between a larger land mass can also be classified as a geographical location.