Meridian, ID industrial market
Meridian's industrial market demonstrates consistent demand for modern light industrial and flex space, with robust pricing supported by regional growth across the Treasure Valley. Closed sales in the surrounding Meridian submarket generally trade between $167 and $320 per square foot, with smaller flex units achieving higher unit pricing than large distribution centers. Target property size could not be verified in public records, requiring a wider cross-section of local industrial comparables.
What's driving Industrial prices in Meridian
Industrial sale prices have appreciated steadily across Meridian driven by regional logistics expansion.
- Sustained population growth in Ada County driving light industrial demand
- Tight vacancy in small to mid-bay flex product under 25,000 SF
- Elevated construction costs curbing speculative supply deliveries
Building permits in Meridian
Filed each month
How long until they’re issued
Too few recent new buildings in Meridian to draw its line.
Share of permits issued by days since filing. The red dot is where half are issued.
What it says
Next to Boise and Nampa
| City | A month | Build-out wait | New-building wait |
|---|---|---|---|
| Meridian | 30 | 51 days | – |
| Boise | 71 | 60 days | 101 days |
| Nampa | 15 | – | – |
From Meridian’s building permit portal, read every weekday morning: October 2025 through September 2026. Every commercial permit, of every property type. The wait is read from how many permits of each age are issued today, so it assumes the city kept a steady pace. Last read Oct 9, more than a business day ago, so newer permits may be missing. See each permit with a free account →
Market intelligence
Tracking this market since Jul 2026 · 20 comps · 12-month median $251/SF · latest deal Jun 2026.
This quarter: 1 comp added to our corpus in Q4 2026. Trend medians use closed-deal dates from our growing comp corpus; automated estimates, not an appraisal.
Where these comps are
Momentum FlatPins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned.
Recent Industrial comps in Meridian, ID
| Address | Date | Type | Size (SF) | Clear Height | Dock Doors | Price / Rate | $/SF | Cap Rate |
|---|---|---|---|---|---|---|---|---|
| 2161 E Lanark St, Meridian, ID 83642 listing | Jun 2026 | Sale | 2159 | $690,700 | $320 | |||
| 1786 S Topaz Ave, Meridian, ID 83642 listing | Jun 2026 | Sale | 22432 | $5,674,500 | $253 | |||
| 335 S Locust Grove Rd, Meridian, ID 83642 listing | Jun 2026 | Sale | 77080 | $18,500,000 | $240 | 5.86% | ||
| 1938 E Franklin Rd, Meridian, ID 83642 listing | May 2026 | Sale | 11580 | $2,900,000 | $250 | |||
| 363 N Linder Rd, Meridian, ID 83642 listing | May 2026 | Sale | 20596 | 26 ft | 2 grade-level | $4,716,500 | $229 | |
| 1135 N Hickory Ave, Meridian, ID 83642 listing | Jan 2026 | Sale | 207060 | 15 dock-high, 5 grade-level | $35,000,000 | $169 | 5.87% | |
| 11200 W Chinden Blvd, Boise, ID 83714 public record | Jul 2025 | Sale | 66800 | $5,425,000 | $81 | 6.05% | ||
| 2300 E Commercial St, Meridian, ID 83642 listing | Oct 2024 | Sale | 8448 | $1,870,000 | $221 | |||
| Median of 9 recent sales · $229/SF | $229 | |||||||
No comps in this filter.
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Get a free, instant estimate from recent comps, with the source cited on every one.
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Other markets
Figures are automated estimates derived from public listings, records, and brokerage announcements for Meridian, 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.