Land sale generates almost $21.7 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 68.75 acres in 16 parcels for $21,684,000 during a competitive public land sale. The agency offered 87.5 acres in 20 parcels, under the Southern Nevada Public Land Management Act (SNPLMA).  Parcels offered for sale varied in size from 1.25 to 10 acres and were located in 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

Eula St & Tropical Pkwy

 5 acres

 $750,000

 $800,000

DR Horton Inc.

N-80692

Jensen St & El Campo Grande Ave

 5 acres

 $750,000

$750,000

DR Horton Inc.

N-80695

Park St & El Campo Grande Ave

 5 acres

 $700,000

$700,000

DR Horton Inc.

 N-80701

Ruffian Rd & Corbett St

 5 acres

 $700,000

 $830,000

Liberty Homes Las Vegas LLC

N-95744

Hualapai Way & Corbett St

 2.5 acres

 $350,000

$350,000

 Liberty Homes Las Vegas LLC

N-95745 

Miller Ln & Mesa Verde Ln

 5 acres

 $1,900,000

$3,400,000

American West

N-95746 

Buffalo Dr & Mesa Verde Ln

 5 acres

$1,900,000

$2,500,000

American West

N-95747 

Miller Ln & Windmill Ln

 5 acres

 $1,900,000

$3,160,000

American West

N-95748 

Buffalo Dr. & Windmill Ln. 

 2.5 acres

 $950,000

$950,000

American West

N-95749 

Buffalo Dr & Windmill Ln

 2.5 acres

 $950,000

$950,000

 American West

N-95750 

Shelbourne Ave & Decatur Blvd

 5 acres

 $800,000

$800,000

Michael Kember

N-94200 

Durango Dr & Shelbourne Ave

10 acres 

 $2,150,000

$2,150,000

David Uber

N-95751 

Torremolinos Ave & Rumrill St

5 acres

$1,700,000

$1,730,000

KB Homes Las Vegas Inc.

N-79927

Polaris St & Cactus Ave

2.5 acres

$1,450,000

$1,910,000

Umer Malik

N-94549

Las Vegas Blvd & Roban Ave

2.5 acres

$475,000

$635,000

Omni Family LP

N-95754

Centennial Pkwy & Alpine Ridge Way

1.25 acres

$29,000

$69,000

Lindsey White

N-95755

All successful bidders paid the required 20 percent of the bid by 3:30 p.m. today. The remainder of the bid is due within 180 days.

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.  
   


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.