After the price was lowered, a shuttered motel on the Las Vegas Strip didn’t sell through a recent auction but is still on the market.

The fenced-off Diamond Inn Motel property across from the Mandalay Bay Convention Center was available to purchase through an online auction that closed Oct. 16. The minimum bid was $10 million.

J.P. King Auction Co., the Alabama-based real estate auction firm that handled the sales effort, told the Las Vegas Review-Journal on Thursday that the auction generated registered bidders and active bidding.

The final amount “did not meet the seller’s initial expectations,” but he “now has a clearer understanding of current market demand for the property,” the firm said.

The site is now available to purchase through a traditional listing, the firm said, adding

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