What Is Land Assemblage?
Land assemblage is the process of acquiring two or more adjoining parcels under single ownership to combine them into one larger site — typically to unlock plottage value or make a site large enough for a specific development.
Why it matters
Assemblage projects carry real execution risk: if even one adjoining owner refuses to sell or holds out for an inflated price, the developer may be unable to complete the site — the leverage behind a ransom strip.
Related Terms
More Commercial & Appraisal Terms
This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.
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