Commercial Real Estate Market in Paul, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
6 active listings and 131 off-market properties in Paul, ID.
Market Trends
Paul, ID spans 227.7 square miles in Minidoka County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Paul, ID runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Paul, ID runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Paul, 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 Paul, 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 50.1%
- Industrial 49.9%
Largest Zones share of zoned land by district
Commercial General
Residential Low Density
Residential Medium Density
Agricultural Low
Industrial Low
Paul, ID zones 499 acres across 5 districts. The largest single district is Commercial General at 39.3%. For commercial buyers the practical constraint is that only 49.9% of land carries a commercial or industrial designation.
Commercial General (CG)
The purpose of this zone or district to provide for and encourage the grouping together of business, retail, public, quasi-public, and other related uses with minimal light industrial uses capable of being operated under such standards as to location and appearance of buildings and treatment of land around them that they will be unobtrusive and not detriment…
Market overview
Demographics & Economy
Paul, ID has 3,275 residents in 1,267 households. Density runs 14 people per square mile. Median household income here is $72,278 and median gross rent $745 a month.
3,275
Population
1,267
Households
2.6
Avg Household Size
37
Median Age
19%
College-Educated
82%
High-School Grad
227.7 sq mi
ZIP Area
14
Density / Sq Mi
$72,278
Median Household Income
$41,944
Median Earnings
$745
Median Rent
$274,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Heyburn | — | — |
| Burley | — | $145.86 |
| Albion | — | — |
| Rupert | — | — |
Commercial property in Paul, ID asks $347/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Paul?
Commercial property in Paul, ID asks an average of $347 per square foot.
What zoning applies to commercial property in Paul?
Paul, ID zones 499 acres across 5 districts, of which 0% is commercial and 49.9% industrial. The largest single district is Commercial General at 39.3% of zoned land. The purpose of this zone or district to provide for and encourage the grouping together of business, retail, public, quasi-public, and other related uses with minimal light industrial uses capable of being operated under such standards as to location and appearance of buildings and treatment of land around them that they will be unobtrusive and not detriment… Residential zoning covers 50.1% and open space 0%.
Where does Realmo's Paul market data come from?
Realmo compiles Paul, ID figures from 6 active sale listings, 131 tracked off-market properties, the current Paul zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Paul, 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: 499 zoned acres across 5 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
