Commercial Real Estate Market in Albion, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
5 active listings and 27 off-market properties in Albion, ID.
Market Trends
Albion, ID spans 92.5 square miles in Cassia County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Albion, ID runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Albion, ID runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Albion, ID runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Albion, ID runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 69.4%
- Commercial 28.9%
- Civic 1.7%
Largest Zones share of zoned land by district
Residential
Commercial
Residential Agriculture
Public
Albion, ID zones 318 acres across 4 districts. Commercial zoning covers 28.9% of zoned land, residential 69.4%. The largest single district is Residential at 43.2%. For commercial buyers the practical constraint is that only 28.9% of land carries a commercial or industrial designation.
Residential (R)
The purpose of the R single-family residential zone is to reserve residential neighborhoods, to prevent over-crowding of the land, to encourage some development of increased density residential development on substandard lots, and to ensure new development which is best suited for residential purposes.
Market overview
Demographics & Economy
Albion, ID has 560 residents in 214 households. Density runs 6 people per square mile. Median household income here is $84,375 and median gross rent $958 a month.
560
Population
214
Households
2.6
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
92.5 sq mi
ZIP Area
6
Density / Sq Mi
$84,375
Median Household Income
$59,063
Median Earnings
$958
Median Rent
$280,800
Median Home Value
Tools
Nearby Markets
Commercial property in Albion, ID asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Albion?
Commercial property in Albion, ID asks an average of $1 per square foot.
What zoning applies to commercial property in Albion?
Albion, ID zones 318 acres across 4 districts, of which 28.9% is commercial and 0% industrial. The largest single district is Residential at 43.2% of zoned land. The purpose of the R single-family residential zone is to reserve residential neighborhoods, to prevent over-crowding of the land, to encourage some development of increased density residential development on substandard lots, and to ensure new development which is best suited for residential purposes. Residential zoning covers 69.4% and open space 0%.
Where does Realmo's Albion market data come from?
Realmo compiles Albion, ID figures from 5 active sale listings, 27 tracked off-market properties, the current Albion zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Albion, ID. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 318 zoned acres across 4 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
