Peak land value intersection (PLVI) is an urban planning and real estate term.
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.
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.
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.
Tom Gresham is a freelance writer and public relations specialist who has been writing professionally since 1999. His articles have appeared in "The Washington Post," "Virginia Magazine," "Vermont Magazine," "Adirondack Life" and the "Southern Arts Journal," among other publications. He graduated from the University of Virginia.