Sage Valley Bulk Land Sale
12,000 deeded acres, Lovelock, Pershing County, Nevada
SOLD

This 12,000 acre bulk land sale offering is comprised of a portion of land that once belonged to the Railroad at the turn of the century. The Railroad owned over a million acres in the State of Nevada. Most of the land formed a checkerboard pattern of alternating full sections. The sections alternated between railroad land and BLM land and extended 20 miles along both sides of the original railroad right-of-way, which is now the Interstate 80 corridor. In the mid 1990’s Nevada Land and Resource Company, LLC (NLRC) acquired the million plus acres from the Railroad. NLRC’s mission was to manage, develop, lease, and/or sell the land. NLRC has since sold over half of the initial million plus acres they purchased from the Railroad and the approximate 450,000 acres remaining are being offered in a bulk sale for 60 million dollars, which is roughly $133.00 per acre.

Regarding the subject property; early investors who purchased NLRC land, were able to acquire some of the more desirable acreage that was easily accessible by paved road, maintained County dirt roads and jeep trails. These sections were closer to I-80 and towns along the Interstate. Reno-Tahoe International Airport is just 75 minutes east of Lovelock and the Bay Area is approximately 5 hours away.

The Sage Valley acreage was among the more desirable acreage purchased. The land is located just north of Lovelock, Nevada off County Road 399. The 12,000 acres consists of a variety of terrain including high desert mountain foothills, unique rock formations, high desert valleys, to gentle slope and steeper areas. The old ghost town of Seven Troughs is nearby. According to the maps there are a few parcels that may have some water features such as seasonal creeks and springs. There is no power available in the immediate area. Some investors have been exploring the possibilities of wind and solar power.

The entire 12,000 acre Sage Valley property is being offered for sale at just above $60.00 per acre, or less than half of what NLRC is asking for their entire remaining 450,000 acres, most of which is less desirable. For the investor who is looking to buy a lot of land at an exceptional price, it would be hard to beat this land offering.

Price $750,000 cash to seller

Map