IDAHO - State Land for Sale

Department of Lands

https://www.idl.idaho.gov/real-estate-services/state-land-for-sale/

State Land for Sale

The Idaho Department of Lands is the agency that carries out auctions for state endowment trust lands as well as surplus state property managed by other State of Idaho agencies.

Surplus Property For Sale

State of Idaho property, with some exceptions, is disposed of through the Idaho Department of Lands, pursuant to Idaho Code ยงยง 58-331 and 58-332. If a state agency has identified the real property as surplus to their needs, it is appraised, presented to the Land Board for approval, and offered to state government and tax supported agencies for potential sale. If there is no interest from a government or tax supported agency, it can be offered for sale to the public.

Upon final approval to sell the property, an auction date is scheduled. The property is advertised for four (4) weeks prior to the auction. An oral auction is then conducted in the location designated in the legal notice. The appraised value of the property establishes the minimum bid at the public auction. The property is sold to the qualified bidder submitting the highest bid. If the property does not sell at public auction, the Land Board may have the property appraised and enter into negotiations with any party.