plottage

A term used in appraising land values and particularly in eminent domain proceedings to designate the additional value given to city lots by the fact that they are contiguous, which enables the owner to utilize them as large blocks of land. Plottage is a recognized concept in the field of eminent domain, referring to an added increment of value which may accrue to two or more vacant and unimproved contiguous parcels of land held in one ownership because of their potentially enhanced marketability by reason of their greater use adaptability as a single unit; simplistically stated, an assemblage of vacant and unimproved contiguous parcels held in one ownership may have a greater value as a whole than the sum of their values as separate constituent parcels and, hence, plottage value may be considered in determining fair market value. State ex rel. State Highway Commission of Missouri v. Armacost Motors, Inc., Mo.App., 552 S.W.2d 360, 364