Land Sale Generates More Than $32.6 Million for Projects

Organization:

BLM

BLM Office:

Southern Nevada District Office

Media Contact:

Las Vegas --The Bureau of Land Management (BLM) today sold 260.93 acres in 22 parcels for $32,608,500 during a competitive public land sale. The agency offered 625.52 acres, in 33 parcels, under the Southern Nevada Public Land Management Act (SNPLMA). Parcels offered for sale varied in size from 1.25 to 98.75 acres and were located in the Las Vegas Valley.

 

Successful bidders included:

Location

Size

Fair Market Value

Purchase Price

Successful Bidder

Parcel Number

Ann & Hualapai

25.93 acres

$2,460,000

$2,460,000

Vegas Capital Ventures

N-93581

Washburn & Rosada

10 acres

$950,000

$950,000

GHR Holdings, LLC

N-93588

Tropical & Mitchelli Crest

25 acres

$2,375,000

$2,405,000

D.R. Horton

N-93593

Ford & Buffalo

2.5 acres

$238,000

$238,000

Dariush Imani

N-93596

Ford & Buffalo

2.5 acres

$238,000

$238,000

Dariush Imani

N-93597

Serene & Chieftain

2.5 acres

$587,500

$660,000

Vision Commercial One, LLC

N-93598

Agate & Rosanna

17.5 acres

$3,237,500

$3,237,500

Nevada West Partners 5, LLC

N-93599

Gomer & Tenaya

37.5 acres

$3,560,000

$3,960,000

Greystone Nevada, LLC dba Lennar, US Home

N-93600

Meranto & Tenaya

5 acres

$475,000

$495,000

Ramak Roohani

N-93602

Meranto & Montessori

17.5 acres

$1,660,000

$1,720,000

D.R. Horton

N-93603

Richmar & Rainbow

7.5 acres

$710,000

$710,000

Vision Commercial One, LLC

N-93604

Pyle & Hinson

1.25 acres

$120,000

$260,000

American West Development

N-93605

Pyle & Valley View

3.75 acres

$535,000

$690,000

American West Development

N-93606

Erie & Gilespie

5 acres

$500,000

$610,000

Kimberly LLC

N-93607

Siddal & Gilespie

12.5 acres

$1,250,000

$1,510,000

Ramak Roohani

N-93608

Chartan & Bermuda

42.5 acres

$3,910,000

$5,010,000

D.R. Horton

N-93609

Chartan & Gilespie

2.5 acres

$250,000

$310,000

Ronald Camacho

N-93610

Chartan & La Cienaga

2.5 acres

$250,000

$250,000

Ramak Roohani

N-93611

Starr & La Cienaga

2.5 acres

$350,000

$420,000

Kimberly LLC

N-93612

Starr & Placid

15 acres

$2,140,000

$2,140,000

American West Development

N-93613

Pyle & Procyon

5 acres

$800,000

$1,335,000

American West Development

N-93721

Frias & Valley View

15 acres

$2,700,000

$3,000,000

American West Development

N-93722

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 (May 16, 2016).

In accordance with the joint selection process, unsold parcels must be renominated 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.