FDIC Parcel Sells For $2.35 Million

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FDIC Parcel Sells For $2.35 MillionSD Parcels LLC bought 31.22 acres of foreclosed upon raw land at Patrick Lane and Post Road in Las Vegas for $2.35 million, or $75,272 per acre, from the FDIC via Community Bank of Nevada. CB Richard Ellis’ Derek Rafie represented the seller; Cushman & Wakefield / Commerce’s Dean Willmore represented the buyer.