Boise, ID
Commercial Real Estate Market Trends & Data

$265 Avg asking sale price
$977 Avg asking lease rate
22,286 SF Avg unit lease size
10,792 SF Avg building size for sale
6.17% Average cap rate

Boise's Demographic Profile

Boise has 105,421 households and a median income of $72,196, providing context for rent absorption and tenant demand across retail and multifamily assets. A +12% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 252,850
# Households 105,421
Median age 39
Median household income $72,196
Avg household size 2.0
Renter-occupied housing units 42,669
5-year population change +12%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Boise, ID

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Boise $320 14,683 SF 7.64%
Garden City $271 13,893 SF 6.70%
Meridian $316 14,409 SF 7.64%
Eagle $325 15,160 SF 7.64%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Boise $189 2,117 SF 6.70%
Garden City $259 6,096 SF 6.70%
Meridian $234 9,736 SF 6.84%
Nearby Retail Markets Avg Cost/SF Typical Size
Boise $375 14,959 SF
Mountain Home $219 3,880 SF
Kuna $980 8,700 SF
Garden City $476 10,141 SF
Meridian $414 13,021 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Boise $274 48,189 SF 7.07%
Garden City $268 46,373 SF 7.07%
Meridian $241 52,416 SF 7.07%
Eagle $268 39,111 SF 7.07%
Nampa $236 82,267 SF 6.00%

Commercial Properties For Sale in Boise

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1110 N Five Mile Rd

Boise, ID 83713

  • 8,290 SF Office Building
  • 6.39% Cap Rate
  • $2,100,000
For Sale

Fairview & Mitchell Retail – Office Building

Boise, ID 83704

  • 3,755 SF Retail Building
  • $1,600,000
For Sale

NNN Medical Office - Victory & Cole

Boise, ID 83709

  • 6,340 SF Office Building
  • 6.00% Cap Rate
  • $5,305,801
For Sale

235 E Warm Springs Ave

Boise, ID 83712

  • 1,852 SF Multifamily
  • 5.43% Cap Rate
  • $850,000
For Sale

114 W 43rd St

Garden City, ID 83714

  • 5,328 SF Industrial Building
  • $2,099,000
For Sale

2580 Airport Way

Boise, ID 83705

  • 4,278 SF Retail Building
  • $1,750,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Boise pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Boise $265 10,792 SF
Mountain Home $291 5,207 SF
Idaho City $554 3,630 SF
Kuna $1,553 1,400 SF
Garden City $379 15,661 SF

Multifamily Properties For Sale in Boise

For Sale

Canyon Ridge

Boise, ID 83716

  • 256,014 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Boise alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Boise or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Boise 252,850 105,421 39 $72,196 2 42,669 12%
Mountain Home 15,653 6,163 35 $48,728 3 2,195 3%
Idaho City 320 145 52 $40,714 2 29 11%
Kuna 24,555 7,879 35 $79,070 3 1,434 14%
Garden City 13,196 5,958 47 $60,759 2 2,292 12%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Boise, ID and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Boise

View All Commercial Real Estate For Sale in Boise
Is Boise a good market for a first-time commercial real estate investor?

Boise offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Boise?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Boise. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Boise?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Boise. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Boise compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Boise. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Boise acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Boise, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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