Commercial Real Estate Market in Preston, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
80 active listings and 239 off-market properties in Preston, ID.
Market Trends
Preston, ID spans 413.9 square miles in Franklin County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Preston, ID runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Preston, ID runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Preston, 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 Preston, 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 76.1%
- Industrial 15.7%
- Commercial 8.2%
Largest Zones share of zoned land by district
Residential B
Residential A1
Heavy Industrial
General Commercial
Residential A3
Preston, ID zones 4,410 acres across 9 districts. Commercial zoning covers 8.2% of zoned land, residential 76.1% and industrial 15.7%. The largest single district is Residential B at 39.7%. For commercial buyers the practical constraint is that only 23.9% of land carries a commercial or industrial designation.
Residential B (B)
Residential B This type of zoning pattern is intended to create a low-density area on the outskirts of town preserving a rural character. This zoning pattern is intended to transition into agricultural areas outside the city limits. Accessory Dwelling Unit The purpose of accessory dwelling units is to provide affordable housing units, economic relief to home…
Market overview
Demographics & Economy
Preston, ID has 9,928 residents in 3,610 households. Density runs 24 people per square mile. Median household income here is $59,899 and median gross rent $785 a month.
9,928
Population
3,610
Households
2.8
Avg Household Size
35
Median Age
21%
College-Educated
93%
High-School Grad
413.9 sq mi
ZIP Area
24
Density / Sq Mi
$59,899
Median Household Income
$38,854
Median Earnings
$785
Median Rent
$294,600
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Preston?
Commercial property in Preston, ID asks an average of $2,915 per square foot.
What zoning applies to commercial property in Preston?
Preston, ID zones 4,410 acres across 9 districts, of which 8.2% is commercial and 15.7% industrial. The largest single district is Residential B at 39.7% of zoned land. Residential B This type of zoning pattern is intended to create a low-density area on the outskirts of town preserving a rural character. This zoning pattern is intended to transition into agricultural areas outside the city limits. Accessory Dwelling Unit The purpose of accessory dwelling units is to provide affordable housing units, economic relief to home… Residential zoning covers 76.1% and open space 0%.
Where does Realmo's Preston market data come from?
Realmo compiles Preston, ID figures from 80 active sale listings, 239 tracked off-market properties, the current Preston zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 80 active for-sale and 0 active for-lease listings in Preston, 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: 4,410 zoned acres across 9 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 · How Realmo checks market page data · Report a data issue
