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Commercial Property Sales

top right photoThe Land Board approved plans in February 2016 to auction most of the commercial properties managed by IDL in 2016 and 2017, subject to market conditions and other factors. The Idaho Constitution requires a public auction for the sale of all endowment lands.

The Land Board has retained its commercial real estate advisor (CenturyPacific) to work with IDL to prepare the properties for auction. Thornton Oliver Keller (TOK) was hired as the Land Board's commercial real estate broker, and TOK will assist IDL in marketing and selling the properties.

The IDL commercial properties that may be prepared for auction in 2017 include:

  • Parking Lot, 417 W. Jefferson St., Boise | Click for map (pdf)
  • Parking Lot, 406-416 W. Bannock St., Boise | Click for map (pdf)
  • Parking Lot, 401 W. Bannock St., Boise | Click for map (pdf)
  • Parking Lot, 211 N. Fifth St., Boise | Click for map (pdf)
  • Commercially Zoned Lots in Meridian; 799,800,860,861,919,920,970 Watertower St., Meridian | Click for map (pdf)
  • Veterinarian Training Facility on Multiple Parcels with Potential for Mixed-Use Development Ground, Caine Center 1020 E. Homedale Rd., Caldwell | Click for map (pdf)
  • Office Building, 590 W. Washington St., Boise | Click for map (pdf)
  • Commercial Buildings 961-965 Lincoln Rd., Idaho Falls | Click for map (pdf)
  • Office Building, 595 University Blvd., Idaho Falls | Click for map (pdf)

The following properties are available for nomination. The Land Board authorized IDL to offer these properties for auction, but they received no bids at the December 1, 2016 auction. Interested parties may contact IDL or Thornton Oliver Keller to nominate these properties for auction.

  • Commercial Buildings, 961-965 E. Lincoln Rd., Idaho Falls
  • Office Building, 595 University Blvd., Idaho Falls

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