plot of land vs parcel

plot of land and parcel both are nouns.

Word	Noun	Adjective	Verb	Adverb
plot of land	Yes	No	No	No
parcel	Yes	No	Yes	No

As nouns, parcel is a hypernym of plot of land; that is, parcel is a word with a broader meaning than plot of land:

Other hypernyms of plot of land include parcel of land, piece of ground, piece of land, tract.

plot of land (noun)	parcel (noun)
a small area of ground covered by specific vegetation	the allotment of some amount by dividing something
	a wrapped container
	a collection of things wrapped or boxed together
	an extended area of land

plot of land (verb)	parcel (verb)
	make into a wrapped container
	cover with strips of canvas
	divide into parts