Land sale generates more than $93 million for projects

Funds will support projects such as fuels treatments and capital improvements

Organization:

Bureau of Land Management

BLM Office:

Southern Nevada District Office

Media Contact:

Media Contact

LAS VEGAS -- The Bureau of Land Management conducted a competitive online sale yesterday, offering 16 parcels of public land in the Las Vegas Valley for sale, totaling 670.155 acres. Nine parcels totaling 589.53 acres sold generating $93,141,000. The sale of this public land within a congressionally-designated disposal boundary will generate funding to enhance recreation opportunities, promote species and habitat conservation and reduce the threat of wildfire in locations across the state.

The Southern Nevada Public Land Management Act of 1998 allows the BLM to sell public land within a specific boundary within the Las Vegas Valley. In accordance with the law, 85 percent of the funds generated from the sale will fund projects such as development of parks, trails, and natural areas; capital improvements on federal lands; acquisition of environmentally sensitive land; hazardous fuels reduction; and landscape restoration projects. Additionally, 5 percent of the revenue will go to the State of Nevada General Education Fund and 10 percent will go to the Southern Nevada Water Authority.

The sale offered parcels located throughout the Las Vegas Valley that ranged from two to 505 acres in size. Local governments nominated the parcels for sale, often after interested parties expressed interest in purchasing them. BLM removed a 225-acre parcel from the sale, due to an appraisal issue. This parcel will be included in a future sale.

 Successful bidders from this sale included: 

Location 

Size 

Fair Market Value 

Purchase Price 

Successful Bidder 

Parcel Number 

​SW corner of Kyle Canyon Rd and Rimrock St​ 

17.25 Acres 

$8,277,000 

 $8,277,000

Lawrence Canarelli

N-100494 

Kyle Canyon Road/N Sky Pointe Dr head N on Lucky Star Rd., W Iron Mountain Rd, the property is located NW of Iron Mountain Rd and Dorenne St 

5 acres 

$825,000 

 $825,000

Sauvage Gas Company

 

 

N-80683 

N of W Centennial Pkwy and W of Puli Rd 

505 acres 

$55,000,000 

 $55,000,000

Lawrence Canarelli

N-100498 

SW corner of W Centennial Pkwy and N Shaumber Rd 

22.5 acres 

$10,690,000 

 $14,010,000

Umer Malik and the Zsksmaz Township Family Trust dated
12-1-09 

 

 

N-100500 

NW corner of N. Shaumber Rd and W Hammer Ln 

5 acres 

$1,875,000 

 $2,115,000

Umer Malik and the Zsksmaz Township Family Trust dated
12-1-09 

 

N-100501 

SW corner of W Regena Avenue & N Juliano Road 

2.03 acres 

$539,000 

 $859,000

 

Levi Parker

 

N-97342 

N of W Tropical Pkwy and east of N Grand Canyon Dr​ 

5 acres 

$1,100,000 

 $1,750,000

Toll North LV LLC

 

N-100502 

E of S Buffalo Dr and N of W Le Baron Ave 

7.5 acres 

$1,425,000 

 $1,545,000

Plaster Development Corporation (DBA Signature Homes)

 

N-100507 

W of N Ft. Apache and N of Florine Ave 

20 acres 

$4,600,000 

 $8,760,000

Ken Templeton Realty & Investment, Inc.  

N-95267 

Successful bidders must pay 20 percent of the bid by 4 p.m. today. The remainder is due within 180 days on or before April 30, 2024. In accordance with the joint selection process, unsold parcels must be re-nominated for consideration at future land sales by the local government.

More information about the sale can be found at https://www.EnergyNet.com/govt_listing.pl.

—BLM—


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.