Compensation for unusual lands. Valuing Mineral Rich Land near UFOs. 3 Key Points on Just Compensation for Unique Land.

What land near UFOs is there a pre-eminent domain negotiation for value? The Groom Mining Land near Area 51

What value does the property owner appraisers give the land?  $44 million and $116 million

What’s the offer from the federal government? $333,300 with a final offer of $5.2 million

What factors do the property owners say factor into the land’s value?

  • The land is the only privately held land with a view of Area 51
  • An appraiser found the federal government will gain $444 million (and) $2 billion per year by acquiring the land
  • The land has been in the family, and mined by the family since 1889

Las Vegas Review Journal | Family accuses Air Force of lowball price estimate on land it seized near Area 51