China's urban development is undergoing a deep transformation from incremental development to stock optimization. The reuse of industrial land has become a key issue in cracking the constraints of land resources and promoting urban renewal and industrial transformation. Using CiteSpace knowledge graph analysis, this study visualizes and analyzes the research literature on industrial land redevelopment from 2013 to 2023, and systematically sort out the research progress and hot topics in this field. On this basis, the PSI analysis framework of “Property rights-Space-Industry” is constructed to reveal the core issues and research logic of industrial land reuse from a multi-dimensional perspective. It is found that domestic literature mainly focuses on the triple dilemma of property rights conflict, space fragmentation and industrial homogenization, and explores their causes and spatial transformation paths, while research focuses on multi-dimensional benefit assessment, brownfield regeneration strategy, spatial reconfiguration paths, and stakeholder participation mechanism. Based on the results of the analysis, this paper proposes that future research should strengthen the dynamic assessment of the implementation effect of industrial land reuse, explore the multi-benefit distribution mechanism and multi-scale spatial governance strategy, and promote the synergistic integration of spatial reconstruction and ecological restoration, so as to realize the efficient use and sustainable transformation of the stock of industrial land.