Land Sale Generates Almost $75 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 461.37 acres in 20 parcels for $74,623,000 during a competitive public land sale. The agency offered to sell almost 755 acres in 40 parcels, under the Southern Nevada Public Land Management Act (SNPLMA).  Parcels offered for sale varied in size from 1.25 to almost 189 acres and were located in the Las Vegas Valley.

Successful bidders included:

Location

Size

Fair Market Value

Purchase Price

Successful Bidder

Parcel Number

Ann Rd. & Park St.

10 acres

$1,600,000

N/A

N/A

N-95251

Hammer Ln. & Grand Canyon Dr.

10 acres

$1,600,000

N/A

N/A

N-95252

Stephen Ave. & Tee Pee Ln.

10 acres

$1,550,000

N/A

N/A

N-95253

Hammer Ln. & Tee Pee Ln.

10 acres

$1,550,000

N/A

N/A

N-95254

Ann Rd. & Tee Pee Ln.

10 acres

$1,400,000

N/A

N/A

N-95255

Ann Rd. & Fort Apache Rd.

10 acres

$1,400,000

N/A

N/A

N-95256

Hammer Ln. & Stephen Ave.

5 acres

$625,000

N/A

N/A

N-95257

Rosada Way & Tee Pee Ln.

10 acres

$1,600,000

N/A

N/A

N-93589

Ann Rd. & El Capitan Way

10 acres

$1,600,000

N/A

N/A

N-93590

Ann Rd. & Campbell

10 acres

$1,550,000

N/A

N/A

N-95260

Hammer Ln. & Kevin Way

10 acres

$1,550,000

N/A

N/A

N-95261

El Campo Grande & Egan Crest Dr.

5 acres

$625,000

$625,000

Raymond C. Newmiller & Todd O’Bier

N-95263

La Mancha Ave. & Eagan Crest Dr.

5 acres

$625,000

N/A

N/A

N-95264

Ann Rd. & Egan Crest Dr.

5 acres

$625,000

N/A

N/A

N-95265

Helena Ave. & Grand Canyon Dr.

27.5 acres

$3,988,000

$3,988,000

Ken Templeton Realty and Investment Inc.

N-79508

Helena Ave. & Grand Canyon Dr.

20 acres

$3,200,000

N/A

N/A

N-95267

Ford Ave. & Duneville St.

3.75 acres

$1,000,000

N/A

N/A

N-95268

Blue Diamond Rd. & Inspiration Dr.

2.5 acres

$260,000

$340,000

LV Torrey Pines LLC

N-95269

Mountains Edge Pkwy. & Fort Apache Rd.

15 acres

$4,425,000

$4,425,000

Ladd Gilbert

N-95270

Mountains Edge Pkwy. & Fort Apache Rd.

23.75 acres

$622,000

$2,000,000

Ladd Gilbert

N-95271

Oleta Ave. & Kingston Rd.

5 acres

$790,000

$850,000

Leslie Blake

N-95272

Silverado Ranch Blvd. & Valley View Blvd.

1.25 acres

$350,000

$800,000

Silver View Capital Management

N-92858

Haleh Ave. & Arville St.

2.5 acres

$325,000

$375,000

Joseph A. Kennedy

N-95274

Haleh Ave. & Schirlls St.

2.5 acres

$325,000

N/A

N/A

N-92861

Frias Ave. & Schirlls St.

2.5 acres

$325,000

$375,000

LV Frias Hinson LLC

N-94212

Loretta Ln. & Rivero St.

5 acres

$2,500,000

N/A

N/A

N-95277

Washburn Rd. & Grand Canyon Dr.

10 acres

$1,600,000

N/A

N/A

N-93587

Hickam St. & Grand Canyon Dr.

17.5 acres

$2,870,000

$2,870,000

Ken Templeton Realty and Investment Inc.

N-91842

Ann Rd. & Washburn Rd.

120 acres

$11,100,000

$11,100,000

Upgrowth NV LLC

N-95279

Ann Rd. & Beltway

10 acres

$1,600,000

$1,600,000

Ann & 215 LLC

N-95280

Washburn Rd. & Grand Canyon Dr.

40 acres

$5,800,000

N/A

N/A

N-95281

Summerlin Pkwy. & Cimarron

5 acres

$1,050,000

$2,200,000

Omni Family LP

N-95282

Summerlin Pkwy. & Cimarron

10 acres

$2,450,000

$4,250,000

Summerlin Pkwy & Cimarron, LLC

N-95283

Kyle Canyon Rd. & Shaumber Rd.

5 acres

$425,000

$425,000

Kingsbarn Land Ventures, LLC

N-95284

Kyle Canyon Rd. & Alpine Ridge Way

5 acres

$425,000

$610,000

Kingsbarn Land Ventures, LLC

N-84158

Iron Mountain & Hualapai Way

5 acres

$500,000

$1,510,000

Kingsbarn Land Ventures, LLC

N-95286

Ann Rd. & Gaisford St.

5 acres

$550,000

$550,000

International, LLC

N-95287

Ann Rd. & Gaisford St.

5 acres

$550,000

$630,000

International, LLC

N-95288

Losee Rd. & 215

188.877 acres

$30,220,000

$35,100,000

American West Development, Inc.

N-95289

Lamb Blvd. & 215

97.16

acres

$15,100,000

N/A

N/A

N-95290

All successful bidders paid the required 20 percent of the bid by 3 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.

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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.