A total of 17 parcels, totaling 895 acres are set to be released for sale later this November. The Bureau of Land Management has initiated the public comment process to sell the land. It includes 11 parcels in the northwest Las Vegas valley near State Route 157 (Kyle Canyon Road) and the 215 beltway, as well as five parcels in the southwest valley near Blue Diamond, and one plot in the southeast valley, north of Via Inspirada. According to the article, proceeds from the sale will be split up in accordance with the Southern Nevada Public Land Management Act (SNPLMA). 85% of the proceeds made from the sale will be used throughout Nevada for projects like the development of parks, trails, capital improvements on federal land, landscape restoration projects, and acquisition of environmentally sensitive land. 10% of the proceeds will go to the Southern Nevada Water Authority and the remaining 5% goes to the State of Nevada General Education Fund. A 45-day comment period will open in late August and the auction is planned for November 1st. The parcels will be sold at a fair market value.
Read more here:
https://www.reviewjournal.com/business/900-acres-of-blm-land-heading-to-auction-2872050/