Definition Peak Land Value Intersection

Definition Peak Land Value Intersection
••• TongRo Images/TongRo Images/Getty Images

Peak land value intersection (PLVI) is an urban planning and real estate term.

Value

The peak land value intersection is the location in a city or metropolitan area where the land values are at their highest. The peak values make the PLVI areas particularly attractive places for real estate investing and high-end stores, offices and residences.

Density

The PLVI could be located in a commercial, residential or mixed-use area, but usually commerce is a central use of the area. The PLVI typically is characterized by tall buildings because the density means more uses of the land and a greater value.

Access

The PLVI is marked by its accessibility. It is a location that can be readily accessed from the various surrounding areas it serves. It is readily accessibly geographically and via transportation services, including roads, train lines and public transportation.