In compliance with SNPLMA, land sale generates more than $171.2 million for projects
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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 The agency offered 60 parcels of public land (one previously offered parcel was withdrawn), totaling 888.35 acres under the Southern Nevada Public Land Management Act (SNPLMA).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
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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 February 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.
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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.