LAS VEGAS --The Bureau of Land Management (BLM) today sold 664.84 acres in 36 parcels for $171,205,000 during a modified competitive public land sale. The agency offered 60 parcels of public land (one previously offered parcel was withdrawn), totaling 888.35 acres under the Southern Nevada Public Land Management Act (SNPLMA). Parcels offered for sale varied in size from 1.87 to 270 acres and are located throughout 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
Shaumbar & Ann
5 acres
$620,000
$1,230,000
AALG, LLC
N-96215
215 & Hualapai
5 acres
$295,000
$345,000
Phil Davis
N-96216
Palmyra & Tenaya
10 acres
$3,500,000
$3,500,000
Ken Templeton Realty & Investments
N-96217
Rochelle & Durango
5 acres
$2,075,000
$2,400,000
KB Home
N-96219
Durango & Rochelle
20 acres
$1,175,000
$4,200,000
Josh Mendenhall
N-96220
Raven & Park
15 acres
$4,800,000
$8,000,000
DR Horton, Inc.
N-96224
Agate & Jerlyn
2.5 acres
$380,000
$460,000
Peter Becker
N-96225
Oleta & El Camino
7.5 acres
$1,890,000
$1,890,000
Josh Mendenhall
N-96227
Oleta & Lindell
5 acres
$970,000
$970,000
Khusrow Roohani
N-96228
Serene & Decatur
12.5 acres
$5,640,000
$5,640,000
American West Development, Inc.
N-92847
Cactus & Dean Martin
7.5 acres
$3,150,000
$3,500,000
Bob Kashani
N-96232
Nickelson & Ohare
5 acres
$250,000
$250,000
Omni Family LP
N-96816
Inverter & Witch Mountain
5 acres
$250,000
$250,000
Omni Family LP
N-96818
Kyle Canyon & Nickelson
20.625 acres
$720,000
$1,150,000
Real Capital Corporation
N-96820
Iron Mountain & Dorenne
5 acres
$238,000
$320,000
Omni Family LP
N-84198
Kyle Canyon & Nickelson
21.875 acres
$710,000
$1,440,000
Real Capital Corporation
N-84181
Centennial & Puli
30 acres
$9,600,000
$11,400,000
Harmony Homes
N-96822
Tropical & Shaumber
270 acres
$43,200,000
$43,200,000
190 Octane Ft. Partners, LLC
N-96824
Hickam & Puli
10 acres
$4,000,000
$4,000,000
DR Horton, Inc.
N-96825
Gilcrease & Tee Pee
10 acres
$4,000,000
$4,760,000
KB Home
N-96827
Isaac Newton & Hualapai
5.43 acres
$2,932,000
$2,932,000
Dana Rogers
N-94552
Spring Mountain & Riley
10 acres
$3,900,000
$6,050,000
KB Home
N-96831
Martin & Fort Apache
5 acres
$1,900,000
$2,620,000
American Nevada Fort Apache, LLC
N-96832
Torino & Sorrel
2.5 acres
$348,000
$348,000
Christina Turney
N-96833
Shelbourne & Monte Cristo
25 acres
$8,125,000
$14,300,000
KB Home
N-96834
Wigwam & Buffalo
5 acres
$970,000
$970,000
Khusrow Roohani
N-96835
Cougar & Jerlyn
12.5 acres
$2,560,000
$2,560,000
DR Horton, Inc.
N-96836
Ford & Durango
10 acres
$3,200,000
$5,450,000
KB Home
N-96838
Durango & Agate
5 acres
$350,000
$380,000
Khusrow Roohani
N-79558
Raven & Buffalo
2.5 acres
$350,000
$350,000
Jennifer Basilio
N-96839
Richmar & Lindell
20 acres
$6,400,000
$10,600,000
American West Development, Inc.
N-96840
El Capitan & Mountains Edge
15 acres
$3,600,000
$4,700,000
Dana Rogers
N-96841
Cactus & El Capitan
20 acres
$5,400,000
$7,700,000
Dana Rogers
N-96842
Levi & Torrey Pines
10 acres
$4,200,000
$5,560,000
KB Home
N-96843
Windmill & Bermuda
5 acres
$1,745,000
$2,130,000
Gurdev Kular
N-96845
215 & Lamb
39.41 acres
$4,010,000
$5,650,000
AALG, LLC
N-96844
Successful bidders are required to pay 20 percent of the bid by 3:30 p.m. today. The remainder of the bid is due within 180 days on/before Feb. 25, 2020.
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.
"These land sales that support SNPLMA and pay for the expansion of parks, trails, natural recreation areas and conservation align the BLM and the City of North Las Vegas in our shared goal of improving quality of life in Southern Nevada, said John J. Lee, Mayor of the City of North Las Vegas. “Nearly 50 percent of the land available in the Las Vegas Valley is in the City of North Las Vegas, and transforming this unused dirt into real estate guarantees continued economic diversification for Southern Nevada."
Secretary’s Order 3373 (SO 3373), titled “Evaluating Public Access in BLM Land Disposals and Exchanges," was one of the very first Secretary’s Orders Secretary Bernhardt signed. This sale followed the guidelines of SO 3373, which directs BLM to adequately weigh public access for outdoor recreation - including hunting and fishing - when determining the appropriateness of the disposal or exchange of public lands. Identifying lands as available for disposal or exchange is required under federal law.
Source: U.S. Department of the Interior, Bureau of Land Management
