BLM Sells Nevada Land Rights to State for $50.6 Million
Published Date: 3/11/2026
Notice
Summary
The Bureau of Land Management is selling its reversionary interest in 480 acres of land in Jean, Nevada, directly to the State of Nevada for $50.6 million. This sale lets the state develop the land for commercial use, like building businesses and leasing to private companies. People can send their comments about the sale until April 27, 2026.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Purchase payment and timing rules
Payment must be made in certified funds (cashier's check, certified check, U.S. postal money order, or bank draft) payable to the Department of the Interior—Bureau of Land Management, in U.S. dollars. Final payment of the full purchase price must be made within 1 year from the sale offer date (with possible extension at the authorized officer's discretion), and the reversionary interest will not be sold until at least May 11, 2026.
State buys 480 acres for commercial use
The Bureau of Land Management is offering to sell its reversionary interest in a 480-acre parcel in Jean, Nevada, for an appraised fair market value of $50,600,000. If conveyed, the State of Nevada could repurpose the land for economic development, including building commercial facilities and potentially leasing to private commercial enterprises.
Mineral rights retained; buyer protections limited
The conveyance will reserve all mineral deposits to the United States and the U.S. retains the right to prospect for, mine, and remove such deposits under applicable law. The conveyance will include an indemnification clause protecting the U.S. from claims arising from the patentee's use, and the United States gives no warranty of title or condition for the reversionary interest.
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