Markets › Boise, ID
Industrial Property Values in Boise, ID
Automated market snapshot from recent comparable sales · Jul 2025 – Jun 2026. Updated 2026-07-27.
Boise, ID industrial market
The Boise industrial market is a smaller, supply-constrained market where transaction volume is limited and verified comps required widening the search radius to cover the broader Treasure Valley (Boise metro). The five known comps span a wide pricing range from roughly $159/SF to $361/SF for sales, reflecting the significant spread between small owner-user buildings and larger institutionally-leased assets. A wave of new Class A construction (2025-2026 deliveries) is competing with older functional product like the subject, while the average asking lease rate in Boise sits around $13.79/SF/yr NNN. Some comps in this set fall outside the strict 12-month window (the 2748-2796 S Victory View Way lease is from Jul 2025, which is at the edge of the window, and the 1002 Avenue of the Oaks sale from Sep 2025 is within the window), and the data set is modest given the market's size.
What's driving Industrial prices in Boise
Industrial sale prices in the Boise metro have held broadly firm over the past 12 months, with small owner-user buildings transacting in the $150-$240/SF range and larger NNN-leased assets reaching $360/SF, suggesting stable to modestly rising values on quality stabilized product.
- Significant new Class A supply delivered 2025-2026 (multiple 50,000-700,000 SF buildings) competing with older functional product and pressuring rents on vintage stock
- Scarcity of small-to-mid bay owner-user buildings (sub-20,000 SF) supports pricing premiums for that size class
- Boise metro population and logistics demand growth sustaining absorption of new deliveries and keeping vacancy manageable
- Rising construction costs pushing replacement cost well above $200/SF, providing a floor under pricing of functional existing product
Market intelligence
Tracking this market since Jul 2026 · 20 comps · 12-month median $233/SF · latest deal Jun 2026.
This quarter: 20 comps added to our corpus in Q3 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Recent Industrial comps in Boise, ID
| Address | Date | Type | Size (SF) | Price / Rate | $/SF |
|---|---|---|---|---|---|
| 12347 W Executive Dr, Boise, ID 83713 listing | Jun 2026 | Sale | 32200 | $11,632,345 | $361.00 |
| 1002 Avenue of the Oaks, Boise, ID 83709 listing | Sep 2025 | Sale | 8223 | $1,920,000 | $233.49 |
| 6983 Supply Way, Boise, ID 83716 listing | Jun 2026 | Sale | 18600 | $2,950,000 | $158.60 |
| 2748-2796 S Victory View Way, Boise, ID 83709 listing | Jul 2025 | Lease | 3314 | $0.72/SF/yr NNN | $0.72/SF/yr NNN |
Frequently asked questions
What is the average price per square foot for industrial space in Boise, ID?
Recent sale comps put the median around $233/SF, with a typical range of $196–$297/SF across 3 recent sales (Jul 2025 – Jun 2026).
What cap rates are industrial properties trading at in Boise?
Recent market data suggests roughly 5.5%–7.0% for stabilized industrial deals in the Boise area.
How are these numbers calculated?
They are automated estimates built from recent comparable sales found in public listings, property records, and brokerage announcements. They are not an appraisal or a broker opinion of value.
How do I find out what my Boise industrial property is worth?
Run a free valuation on CompNinja: enter the address and property type and you get an estimated value range from recent comps in under a minute. For a real opinion of value, we connect you with a licensed local broker at no cost.
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Figures are automated estimates derived from public listings, records, and brokerage announcements for Boise, ID, not an appraisal or a broker opinion of value. Verify independently before relying on them. CompNinja connects owners with licensed local brokers; it is not a brokerage.