State Auctions Ag Parcels in Growing SW Idaho for Big Premium
June 22, 2021
This story by Brad Carlson appeared in the Capital Press on June 15.
An auction of state-owned farmland in the growing Caldwell, Idaho, area generated nearly six times its appraised value. Idaho Department of Lands officials said two adjacent parcels totaling 282 acres sold at a June 11 auction for $35.2 million. Their combined appraised value was about $6 million. The University of Idaho has leased the parcels for agricultural research since the 1940s. The university about two years ago sold an adjacent veterinary training facility. Read more.
About the University of Idaho
The University of Idaho, home of the Vandals, is Idaho’s land-grant, national research university. From its residential campus in Moscow, U of I serves the state of Idaho through educational centers in Boise, Coeur d’Alene and Idaho Falls, nine research and Extension centers, plus Extension offices in 42 counties. Home to nearly 11,000 students statewide, U of I is a leader in student-centered learning and excels at interdisciplinary research, service to businesses and communities, and in advancing diversity, citizenship and global outreach. U of I competes in the Big Sky and Western Athletic conferences. Learn more at uidaho.edu