SALT LAKE CITY--(BUSINESS WIRE)--BSD Medical Corp. (AMEX:BSM) today announced that the company has exercised the right to purchase the building and land used for its operations at a price pre-determined under the terms of its lease agreement with Alcoh Development, Inc. The building and land were purchased for $1.2 million. The value of the land and building was appraised at approximately $2 million.