Land Sale Generates More Than $49.7 Million for Projects

Organization:

BLM

BLM Office:

Southern Nevada District Office

Media Contact:

Las Vegas --The Bureau of Land Management (BLM) today sold 414.93 acres in 30 parcels for $49,745,000 during a competitive-public-land sale. The agency offered 516.18 acres, in 40 parcels, under the Southern Nevada Public Land Management Act (SNPLMA).

The parcels offered for sale varied in size from 1.25 acres to 160 acres.

Successful bidders included:

Location

Size

Fair Market Value

Purchase Price

Successful Bidder

Parcel Number

Norellat & Feather Haven Court

2.5 acres

$240,000

$240,000

Ronald G. Johlfs

N-92824

Robindale & Lindell

2.5 acres

$600,000

$600,000

American West Development, Inc.

N-92825

Cougar & Edmond

5 acres

$800,000

$800,000

Ramak Roohani

N-92828

Torino & Sorrell

7.5 acres

$825,000

$935,000

Minh Thoai Ly and Binh Diem Lu

N-92829

Ford & Torrey Pines

5 acres

$550,000

$610,000

American West Development, Inc.

N-92831

Torino & Mann

5 acres

$550,000

$570,000

Aman Lal

N-92833

El Camino & Ford

7.5 acres

$825,000

$985,000

Malik Umer Zahid

N-92834

Jones & Torino

5 acres

$1,150,000

$1,150,000

Mosaic Land Fund Two, LLC

N-92835

Montessouri & Shelbourne

15 acres

$4,350,000

$6,000,000

American West Development, Inc.

N-92836

Valadez & Camero

10 acres

$1,150,000

$1,710,000

Pardee Homes

N-92937

Serene & Hualapai

33.92 acres

$4,240,000

$7,700,000

Lewis Investment Company of Nevada

N-92838

Tee Pee & Serene

12.5 acres

$2,000,000

$2,000,000

Lewis Investment Company of Nevada

N-92839

Tee Pee & Gary

5 acres

$775,000

$775,000

Mosaic Land Fund Two, LLC

N-92840

Grand Canyon & Meranto

2.5 acres

$400,000

$400,000

Lewis Investment Company of Nevada

N-92841

Fort Apache & Gomer

7.5 acres

$1,160,000

$1,630,000

Mosaic Land Fund Two, LLC

N-92842

Gomer & Grand Canyon

5 acres

$725,000

$1,185,000

Mosaic Land Fund Two, LLC

N-92843

Edmond & Gary

7.5 acres

$1,875,000

$1,875,000

American West Development, Inc.

N-92845

Lindell & Richmar

2.5 acres

$225,000

$310,000

Malik Umer Zahid

N-92846

Edmond & Richmar

5 acres

$1,300,000

$1,300,000

American West Development, Inc.

N-92848

Lindell & Meranto

7.5 acres

$675,000

$695,000

Khusrow Roohani

N-92849

Lindell & JoRay

2.5 acres

$500,000

$500,000

American West Development, Inc.

N-92852

Lindell & Pyle

17.5 acres

$1,580,000

$1,580,000

NV Energy

N-92853

Jones & Starr Hills

160 acres

$4,340,000

$5,150,000

Tomblaine Associates, LLC

N-92855

Landberg & Schuster

18.75 acres

$4,430,000

$4,540,000

Tesori LLC

N-92857

Valley View & Silverado Ranch

1.25 acres

$390,000

$640,000

Ghassan Merhi

N-92858

Schuster & Le Baron

8.75 acres

$1,660,000

$1,725,000

Tesori LLC

N-92859

Schrills & Pyle

2.5 acres

$250,000

$250,000

Eric Persson

N-92860

La Cienega & Starr

7.5 acres

$1,275,000

$1,335,000

D.R. Horton, Inc.

N-92862

Gilespie & Neal

5 acres

$1,200,000

$1,510,000

D.R. Horton, Inc.

N-92863

Olympia Summit & Golf Estates

37.26 acres

$1,045,000

$1,045,000

Ghassan Merhi

N-92864

All successful bidders paid the required 20 percent of the bid by 3p.m. today. The remainder of the bid is due within 180 days. Unsold parcels will be offered in future land sales.

In accordance with the SNPLMA, monies 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.