Commercial Real Estate Market in Shelley, ID
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
63 active listings and 202 off-market properties in Shelley, ID. Commercial property asks $187/SF to buy and $11.60/SF/Yr to lease.
Market Trends
Shelley, ID spans 98.6 square miles in Bingham County, Idaho. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Shelley, ID asks $146/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Shelley, ID asks $110/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Shelley, 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 space in Shelley, ID asks $154/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 80.7%
- Commercial 13.4%
- Industrial 5.8%
Largest Zones share of zoned land by district
Single Family Residence District
Residential Estate District
Residential Agricultural District
Heavy Commercial District
Manufacturing District
Shelley, ID zones 1,472 acres across 13 districts. Commercial zoning covers 13.4% of zoned land, residential 80.7% and industrial 5.8%. The largest single district is Single Family Residence District at 47.8%. For commercial buyers the practical constraint is that only 19.1% of land carries a commercial or industrial designation.
Single Family Residence District (R1)
Title 10-9a R1-A Residential Zone Title 10-9B R2A Residence Zone Title 10-10 Special Use Permits Title 10-11 Non Conforming Uses Title 10-12 Appeals, Variances & Actions by Affected Persons Title 10-13 Mobile Home & Travel Trailer Parks Title 10-14 Enforcement Title 10-15 Planned Unit Developments Title 10-16 Subdivision Regulations and Procedures Title 10-1…
Market overview
Demographics & Economy
Shelley, ID has 10,673 residents in 3,856 households. Density runs 108 people per square mile. Median household income here is $80,000 and median gross rent $1,097 a month.
10,673
Population
3,856
Households
2.8
Avg Household Size
33
Median Age
23%
College-Educated
90%
High-School Grad
98.6 sq mi
ZIP Area
108
Density / Sq Mi
$80,000
Median Household Income
$37,446
Median Earnings
$1,097
Median Rent
$328,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Idaho Falls | — | $16.48 |
| Ammon | — | — |
Commercial property in Shelley, ID asks $187/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Shelley?
Commercial property in Shelley, ID asks an average of $187 per square foot. Multifamily carries the highest asking price at $154/SF.
How much does it cost to lease commercial space in Shelley?
Asking lease rates in Shelley, ID average $11.60 per square foot per year.
What zoning applies to commercial property in Shelley?
Shelley, ID zones 1,472 acres across 13 districts, of which 13.4% is commercial and 5.8% industrial. The largest single district is Single Family Residence District at 47.8% of zoned land. Title 10-9a R1-A Residential Zone Title 10-9B R2A Residence Zone Title 10-10 Special Use Permits Title 10-11 Non Conforming Uses Title 10-12 Appeals, Variances & Actions by Affected Persons Title 10-13 Mobile Home & Travel Trailer Parks Title 10-14 Enforcement Title 10-15 Planned Unit Developments Title 10-16 Subdivision Regulations and Procedures Title 10-1… Residential zoning covers 80.7% and open space 0%.
Where does Realmo's Shelley market data come from?
Realmo compiles Shelley, ID figures from 58 active sale listings, 5 active lease listings, 202 tracked off-market properties, the current Shelley zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 58 active for-sale and 5 active for-lease listings in Shelley, 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: 1,472 zoned acres across 13 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
