When property has been acquired and the property or any portion of the property is no longer needed for highway purposes, NRS statutes authorize a sale in combination at public auction or by sealed bids. The highest bid received must be 90 percent or more of the Department’s appraisal of the fair market value of the property, then the property may be sold to the highest bidder. Those interested in properties that come up for auction can call and have their name placed on a notification list. Properties will be listed on this site when information and dates becomes available.
Public Auction Location and Times
DATE AND TIME OF AUCTION:
April 4, 2018 10:00 AM
1263 S. Stewart St., Right-of-Way Annex Conference Room B, Carson City, NV 89712
Upcoming Surplus Property Auction
Current Auction Items
|Auction Date||Auction Item||Brochure|
April 4, 2018
|Parcel of Land Southeasterly of IR-580 (formerly US-395) Washoe County||ITEM #1
You Need to Know
A “Sealed Bid” option is provided to the public in the event that individuals are unable to attend the public auction.
Sealed Bid Option
|Auction Date||Auction items||Terms and Conditions||Bid Form|
April 4, 2018
Parcel of Land Southeasterly of IR-580 (formerly US-395) Washoe County
Partial Terms and Conditions for Sale
- Prospective bidders unable to attend the auction are invited to submit sealed bids (TBD). The Department assumes no responsibility for bids mailed or transmitted and not received by the deadline. All bids received shall be opened prior to the sale. The highest acceptable bid amount shall become the minimum bid for the oral bidding process, if said bid meets all the terms and conditions set out herein. Award of sale will be made to the highest responsible bidder. E-mails and facsimiles will not be accepted.
- At the time of registration, a down payment of 10% of the minimum bid, payable by cash, or by cashier’s check or money order payable to the Nevada Department of Transportation, is required as a deposit. NO PERSONAL OR BUSINESS CHECKS WILL BE ACCEPTED. Additional paperwork must be completed following the auction.
- Pursuant to Title VI of the Civil Rights Act of 1964, no one will be discriminated against concerning the Public Auction Sale on the grounds of race, color, sex, age, creed, national origin or handicap, and the sale of subject water rights must comply with all requirements imposed by said Act.
ALL PROSPECTIVE BIDDERS ARE REQUIRED TO REGISTER PRIOR TO COMMENCEMENT OF THE LIVE AUCTION IN ORDER TO RECEIVE A BIDDING CARD. A BID CARD IS REQUIRED IN ORDER TO BE ACKNOWLEDGED AS AN ACTIVE BIDDER DURING THE LIVE AUCTION. A BID CARD WILL ONLY BE ISSUED WHEN THE PROSPECTIVE BIDDER HAS DEMONSTRATED COMPLIANCE WITH THE ABOVE AND PRECEDING TERMS AND CONDITIONS.
Craig Reynoldson, Supervisory Right-of-Way Agent
1263 South Stewart Street
Carson City Nevada 89712