the taxes on it. My grandma made him turn it down because she thought it was worthless. that land would eventually be developed in the master planned community of Green Valley. Would be worth millions down the road. But in the 50's it wasn't worth anything.
My grandpa also ran stores called "Vegas Village" in town. They were basically super walmart stores, but back the 1950's. Sold the company to the wrong suitor, who shut down their expansion plans and raided the company for all it was worth. Had they kept expanding, I could have possibly had walmart level money. They had four stores in Las Vegas and opened their first expansion store in Minneapolis. Having a department store, grocery store, pharmacy, hardware store, bakery, lunch counter, and a bunch of other stuff under one roof back in the 50's and 60's was pretty revolutionary. For those in Las Vegas, if you ever go to the old Fantastik indoor swap meet, that is the last building still around. You can get a sense of how big there were and how unusual that was for the time.