CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Shauna Bradley, Acting Director of Real Property Management |
Recommendation:
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Approve the purchase of 5409 E Lake Mead Blvd located on Assessor's Parcel Number 140-21-303-004 which consists of a ±17,182 square foot 1-story medical office/behavioral health facility on ±1.49 acres of developed land; fund the purchase price of $10,400,000 and $10,000 for closing costs; ratify the appraisal dated December 6, 2023, by Southwest Property Consultants; and authorize the Acting Director of Real Property Management or her designee to sign escrow documents and any other related documents to complete the transaction. (For possible action)
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FISCAL IMPACT:
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Fund #: |
2970.000 |
Fund Name: |
RP.B0124083 |
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Fund Center: |
1120820001 |
Funded PGM/Grant: |
N/A |
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Amount: |
$10,400,000 purchase price plus $10,000 closing costs |
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Description: |
Property Acquisition |
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Additional Comments: |
N/A |
BACKGROUND:
On November 2, 2023, Clark County (County) submitted a second conditional offer to purchase 5409 E Lake Mead Blvd, Las Vegas, NV 89156, located on Assessor's Parcel Number 140-21-303-004 which consists of a ±17,182 one-story medical office/behavioral health facility on ±1.49 acres of developed land.
The County's Department of Real Property Management has completed due diligence inspections, appraisal and ALTA survey. County and Seller shall each pay their normal closing costs at the time of escrow closing.
This item was presented to the County's Long Range Planning Committee on January 24, 2024.