Aerial view of Boise, ID

Markets › Boise, ID

Land Comps in Boise, ID

Automated market snapshot from recent comparable sales · Apr 2026 – Sep 2026. Updated 2026-10-08.

Patrick R. · CC BY-SA 3.0

Median price / SF
$27
across 5 recent sales
Typical range
$24–$28
middle of the market, $/SF
Cap rate range
5.5%–6.5%
stabilized deals
Price trend
+3.5%/yr
sale prices over the search window

Boise, ID land market

Commercial land values across Boise remain resilient, driven by steady population growth and demand for infill development parcels. Active commercial land pricing generally spans $15 to $38 per square foot ($650,000 to $1.67 million per acre) depending on corridor visibility and entitlement status. Given Idaho non-disclosure practices for deed prices, comps reflect active market listings across the Boise area.

What's driving Land prices in Boise

Commercial land prices across Boise have trended modestly upward over the past two years amid steady demand for infill sites.

Building permits in Boise

Filed / month
71
down 3% on the year
Tenant build-outs
45a month
down 12% on the year
New buildings
25a month
up 15% on the year
Typical wait
60days
tenant build-out to issued

Filed each month

Tenant build-outsNew buildings & additions
020406080100120Oct ’25NovDecJan ’26FebMar92AprMayJunJulAug78Sep020406080100120Oct ’25DecFeb92AprJunAug78Sep

How long until they’re issued

Tenant build-outsNew buildings
0%50%100%030609012015018021060 days101 days0%50%100%06012018060 days101 days

Share of permits issued by days since filing. The red dot is where half are issued.

What it says

Leasing demand45 tenant build-outs a month, down 12%. A build-out follows a signed lease, so this moves before vacancy does.
New supply25 new buildings and additions a month, up 15%. This is the space competing for tenants in a year or two.
How busy the city is75% of the last two months’ permits are still in review. Longer waits hold back new supply.
Second thoughts9% of the 12 months’ permits were voided or withdrawn (81 of 874). A rising share means projects are being shelved.

Next to Meridian and Nampa

CityA monthBuild-out waitNew-building wait
Boise7160 days101 days
Meridian3051 days–
Nampa15––

From Boise’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. See each permit with a free account →

Market intelligence

$662026 H1 · 2$282026 H2 · 5

Tracking this market since Jul 2026 · 12 comps · 12-month median $28/SF · latest deal Jul 2026.

This quarter: 0 comps 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 Flat

Pins are geocoded from each comp's public address, so positions are approximate. Comps quoted at the submarket level aren't pinned.

Recent Land comps in Boise, ID

AddressDateTypeSize (SF)AcresZoningPrice / Rate$/SF$/Acre
12451 W Overland Rd, Boise, ID 83709 listingListed Sep 2026Sale235220.54MX-2 mixed-use$556,000$24$1,029,630
12535 W Overland Rd, Boise, ID 83709 listingListed Sep 2026Sale1659643.81MX-2 mixed-use$2,392,000$14$627,822
5033 W State St, Boise, ID 83703 listingListed Aug 2026Sale235220.54MX-3 mixed-use$900,000$38$1,666,667
3353 S Federal Way, Boise, ID 83705 listingListed Jun 2026Sale229130.53MX-3 mixed-use$650,000$28$1,226,415
408 N Allumbaugh St, Boise, ID 83704 listingListed Apr 2026Sale409460.94C-2 general commercial$1,100,000$27$1,170,213
Median of 5 recent sales · $27/SF$27

Our verified comp layer for this market includes comps contributed by local brokers: Hawkins Ridge CRE. Are you a broker in Boise? Submit a comp.

What's your land property worth?

Get a free, instant estimate from recent comps, with the source cited on every one.

No specific address? Explore Boise land properties →

Other markets

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.