Commercial Real Estate in Magic Valley
Located in south-central Idaho, Magic Valley offers a dynamic blend of strong communities and a booming economy. This region of Idaho includes major counties like Jerome, Blaine, Camas, Cassia, Gooding, Lincoln, and Minidoka, with the largest being Twin Falls. Home to major brands like Chobani and Clif Bar, Magic Valley has seen great corporate growth, particularly within manufacturing, contributing to a low unemployment rate. An educated workforce, a business-friendly and affordable environment, and plenty of outdoor opportunities for recreation have made Magic Valley a desirable place to live and work.
Why Choose Magic Valley?
A demand for commercial real estate in Magic Valley is a result of a combination of strong economic growth, a strategic location, and a business-friendly environment.
Economy
Magic Valley is anchored by Twin Falls, its largest hub. Twin Falls employs over 24,000 people and that number continues to grow, positively impacting key industries like retail, manufacturing, and healthcare. A strong agricultural base also drives demand for diverse commercial spaces, including processing plants, distribution centers, and industrial properties. The Southern Idaho Economic Development Organization’s proactive approach to attracting and retaining businesses also allows for economic growth and stability. (The Southern Idaho Economic Development Organization, or SIEDO, is a partnership between local businesses and government officials to foster economic growth and provide resources to businesses.)
Strategic Location
Magic Valley is a strategic location largely because of its strong agricultural foundation, attracting major food processing companies. Its location along major highways and I-84 brings efficiencies to logistics, which is vital for manufacturing and distribution businesses. In Twin Falls, a growing manufacturing sector has also taken shape. Its location along major transportation routes also offers advantages to distribution. Most notably, Interstate 84 runs through the Magic Valley, connecting the region to Boise, Salt Lake, and Portland.
Favorable Business Environment
Private-public initiatives have contributed to business growth, directly increasing demand for commercial spaces and ensuring a stable tenant base. Lower operating costs, which include affordable real estate, attract businesses, leading to higher occupancy and rental income. The affordable advantage and favorable business environment increase the overall value of commercial real estate in the region over larger metropolitan areas of Idaho.
Magic Valley Demographic Information
The combined population of Magic Valley is around 206,000, including the communities of Twin Falls, Jerome, and Sun Valley. The region’s strong employment landscape, with key employers like Chobani and St. Luke's Magic Valley Regional Medical Center, contributes to unemployment rates consistently lower than averages in both the state of Idaho and the nation. Fueled by agriculture and manufacturing industry giants in the region, Magic Valley continues to grow in both population and economic vitality.
For more demographic information on Magic Valley, visit our website here.
Magic Valley Commercial Real Estate Listings
Check out our active property listings in south-central Idaho.
Magic Valley Real Estate Team
