In compliance with SNPLMA, land sale generates more than $171.2 million for projects

Organization:

Bureau of Land Management

BLM Office:

Southern Nevada District Office

Media Contact:

LAS VEGAS --The Bureau of Land Management (BLM) today sold 664.84 acres in 36 parcels for $171,205,000 during a modified competitive public land sale. The agency offered 60 parcels of public land (one previously offered parcel was withdrawn), totaling 888.35 acres under the Southern Nevada Public Land Management Act (SNPLMA).  Parcels offered for sale varied in size from 1.87 to 270 acres and are located throughout the Las Vegas Valley. Sale parcels are nominated by local governments, often after interested parties express interest in purchasing them.

Successful bidders included:

Location

Size

Fair Market Value

Purchase Price

Successful Bidder

Parcel Number

Shaumbar & Ann

 5 acres

 $620,000

 $1,230,000

AALG, LLC

N-96215

215 & Hualapai

5 acres

$295,000

$345,000

Phil Davis

N-96216

Palmyra & Tenaya

10 acres

$3,500,000

 $3,500,000

Ken Templeton Realty & Investments

N-96217

Rochelle & Durango

5 acres

$2,075,000

$2,400,000

KB Home

N-96219

Durango & Rochelle

20 acres

$1,175,000

$4,200,000

Josh Mendenhall

N-96220

Raven & Park

15 acres

$4,800,000

$8,000,000

DR Horton, Inc.

N-96224

Agate & Jerlyn

2.5 acres

$380,000

$460,000

Peter Becker

N-96225

Oleta & El Camino

7.5 acres

$1,890,000

$1,890,000

Josh Mendenhall

N-96227

Oleta & Lindell

5 acres

$970,000

$970,000

Khusrow Roohani

N-96228

Serene & Decatur

12.5 acres

$5,640,000

$5,640,000

American West Development, Inc.

N-92847

Cactus & Dean Martin

7.5 acres

$3,150,000

$3,500,000

Bob Kashani

N-96232

Nickelson & Ohare

5 acres

$250,000

$250,000

Omni Family LP

N-96816

Inverter & Witch Mountain

5 acres

$250,000

$250,000

Omni Family LP

N-96818

Kyle Canyon & Nickelson

20.625 acres

$720,000

$1,150,000

Real Capital Corporation

N-96820

Iron Mountain & Dorenne

5 acres

$238,000

$320,000

Omni Family LP

N-84198

Kyle Canyon & Nickelson

21.875 acres

$710,000

$1,440,000

Real Capital Corporation

N-84181

Centennial & Puli

30 acres

$9,600,000

$11,400,000

Harmony Homes

N-96822

Tropical & Shaumber

270 acres

$43,200,000

$43,200,000

190 Octane Ft. Partners, LLC

N-96824

Hickam & Puli

10 acres

$4,000,000

$4,000,000

DR Horton, Inc.

N-96825

Gilcrease & Tee Pee

10 acres

$4,000,000

$4,760,000

KB Home

N-96827

Isaac Newton & Hualapai

5.43 acres

$2,932,000

$2,932,000

Dana Rogers

N-94552

Spring Mountain & Riley

10 acres

$3,900,000

$6,050,000

KB Home

N-96831

Martin & Fort Apache

5 acres

$1,900,000

$2,620,000

American Nevada Fort Apache, LLC

N-96832

Torino & Sorrel

2.5 acres

$348,000

$348,000

Christina Turney

N-96833

Shelbourne & Monte Cristo

25 acres

$8,125,000

$14,300,000

KB Home

N-96834

Wigwam & Buffalo

5 acres

$970,000

$970,000

Khusrow Roohani

N-96835

Cougar & Jerlyn

12.5 acres

$2,560,000

$2,560,000

DR Horton, Inc.

N-96836

Ford & Durango

10 acres

$3,200,000

$5,450,000

KB Home

N-96838

Durango & Agate

5 acres

$350,000

$380,000

Khusrow Roohani

N-79558

Raven & Buffalo

2.5 acres

$350,000

$350,000

Jennifer Basilio

N-96839

Richmar & Lindell

20 acres

$6,400,000

$10,600,000

American West Development, Inc.

N-96840

El Capitan & Mountains Edge

15 acres

$3,600,000

$4,700,000

Dana Rogers

N-96841

Cactus & El Capitan

20 acres

$5,400,000

$7,700,000

Dana Rogers

N-96842

 

Levi & Torrey Pines

10 acres

$4,200,000

$5,560,000

KB Home

N-96843

Windmill & Bermuda

5 acres

$1,745,000

$2,130,000

Gurdev Kular

N-96845

215 & Lamb

39.41 acres

$4,010,000

$5,650,000

AALG, LLC

N-96844

Successful bidders are required to pay 20 percent of the bid by 3:30 p.m. today. The remainder of the bid is due within 180 days on/before February 25, 2020.

In accordance with the joint selection process, unsold parcels must be re-nominated for consideration at future land sales by the local government. 

In accordance with the SNPLMA, funds generated from the sale of public land may be used for specific purposes including parks, trails, and natural areas; capital improvements, conservation initiatives; and for the purchase of environmentally sensitive lands. Additionally, 10 percent of the funds will go to the Southern Nevada Water Authority, and five percent will go to the Nevada State General Education Fund.  

"These land sales that support SNPLMA and pay for the expansion of parks, trails, natural recreation areas and conservation align the BLM and the City of North Las Vegas in our shared goal of improving quality of life in Southern Nevada, said John J. Lee, Mayor of the City of North Las Vegas. “Nearly 50 percent of the land available in the Las Vegas Valley is in the City of North Las Vegas, and transforming this unused dirt into real estate guarantees continued economic diversification for Southern Nevada." 

Secretary’s Order 3373 (SO 3373), titled “Evaluating Public Access in BLM Land Disposals and Exchanges,” was one of the very first Secretary’s Orders Secretary Bernhardt signed. This sale followed the guidelines of SO 3373, which directs BLM to adequately weigh public access for outdoor recreation – including hunting and fishing – when determining the appropriateness of the disposal or exchange of public lands. Identifying lands as available for disposal or exchange is required under federal law.
   

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The BLM manages more than 245 million acres of public land located primarily in 12 western states, including Alaska, on behalf of the American people. The BLM also administers 700 million acres of sub-surface mineral estate throughout the nation. Our mission is to sustain the health, diversity, and productivity of America’s public lands for the use and enjoyment of present and future generations.