Think it's Dedication and not Deduction. The few times I've seen similar items pop up outside of downtown, these were dedications for roadways that were either planned but never building, or were removed previously. It's a cumbersom process to reintegrate them into the building parcel, but generally that can be done.
In this case, I'd expect it's land that could be buildable but will carry some additional legal / property definitions to make available. I'm not aware of any plans for 1st to fork at that location in the future that would require it to be maintained (or past alignments, but don't know the history there without fiving into historic photos or something).
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