U.S. DEPARTMENT OF THE INTERIORBUREAU OF LAND MANAGEMENT
 
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BLM Auction Sells 13,300 Acres, Netting $47.5 Million

The Bureau of Land Management (BLM) on Wednesday, Feb. 9, 2005, in Mesquite, Nev., sold 13,300 acres of land in eight parcels, raising $47.5 million for wilderness planning and natural resource protection, and recreation and other opportunities in Lincoln County, Nev. In addition, 10-percent of the funds raised will go to Lincoln County and five-percent to the Nevada State General Education Fund.

Parcels offered for sale varied in size from 666 to 4,357 acres.

The 666-acre parcel sold for $3.2-million. The 4,357-acre parcel garnered $14.5-million.

A total of 44 bidders registered to bid on the parcels.

No.Parcel No.AcresBeginning
Bid
Sale Price High Bidder
JN-787611280$335,000$4.1 mil BLT Acquisition Grp LLC
Las Vegas NV
IN-787601760$299,000$6.0 mil BLT Acquisition Grp LLC
Las Vegas NV
HN-78759960$1,632,000$5.7 mil C & O Holding
Las Vegas NV
GN-787581040$1,456,000$4.05 mil M5M of Nevada
Las Vegas NV
FN-78757666.27$1,866,000$3.2 mil BLT Acquisition Grp LLC
Las Vegas NV
EN-787561254.56$878,000$3.175 mil GMB LLC
Henderson NV
BN-749662009.57$1,205,000$6.8 mil Brian Vail
Sacramento CA
AN-749654357.63$4,662,000$14.5 milC & O Holding
Las Vegas NV


Total13,328.03$12,333,000$47.525 mil

The BLM contracted with the General Services Administration to help facilitate the sale.

For more information, contact Chris Hanefeld, BLM Ely Field Office public affairs specialist, at (775) 289-1842.

 
Last updated: 10-30-2007