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larger parcel

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larger parcel

A concept relevant in condemnation cases in order to determine if the taking of land by eminent domain has caused damage to the larger parcel. Usually the concept is limited to one piece of property out of which a portion is taken by eminent domain,but courts have described the larger parcel as including noncontiguous properties.

Example:  A resort community has a golf course one-half mile away. If the golf course were taken by eminent domain, its loss would certainly affect the value of the resort community as a whole. Damages attributable to the loss in value of the larger parcel are called severance damages.



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Identifying the larger parcel is the initial step in the valuation process.
They may divide or sell part of it, but the main desire was to assemble a larger parcel to take care of a large user," Buller said.
The first is the parcel hub, the second the freight hub, which handles larger parcels and pallets, and the third is the new pounds 8 million cage hub, which was opened in October of last year.
 
 
 
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