larger parcel

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.

Mentioned in ?
References in classic literature ?
Then the Mayor pulled out of his pocket a still larger parcel and said,
JR has a purchase agreement with Las Vegas-based MVP REIT to buy the lot, which is part of a larger parcel mostly used for parking.
CBRE also represented the partnership in the acquisition of 17 additional acres adjacent to the larger parcel, which closed on the same day.
Considerable time, study and planning went into the decision by Bluestem's Board of Trustees and Staff to purchase a larger parcel of land.
In the larger parcel, Hayden or a separate developer could build single-family houses, apartments, commercial structures or parks.
The larger parcel, which is roughly 65 acres, was zoned Cabarrus County Office-Institutional District.
Subdivision is the process of breaking a larger parcel of usually undeveloped land into smaller parcels.
The larger parcel includes the Canoe Creek transmission substation, owned and operated by Duke Energy Florida.
The slightly larger parcel is one of the few undeveloped pieces of land in Manalapan, and the other, slightly smaller lot, is built out with an approximately 8,700-square-foot mansion described in the broker babble as a freshly refurbished "Modern Mediterranean Island Transitional.
This can also be purchase as a two property deal with the adjoining Gas station for a larger parcel for future development.
In "Part & Parcel" on page 20, the issue of defining the larger parcel in eminent domain and regulatory cases is explored--and, as expected, the process rarely is straightforward.
The town assessed the larger parcel at $11,462,300 and the smaller at $7,518,200, according to The Laconia Daily Sun.