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Listed by Ianos Realty
$3,900,000
Est. payment /mo
3.2 Acres Lot
New
11245 SE 172ND AVE Happy Valley, OR 97086
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Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 515799283
HOA Y/N No
Annual Tax Amount $6,229
Tax Year 2025
Lot Size 3.200 Acres
Property Sub-Type Mixed Use
Property Description
Positioned directly on high-visibility SE 172nd Avenue at a prominent roundabout in the heart of Happy Valley's fastest-growing corridor, this CCC – Community Commercial Center District zoned property offers a rare blend of immediate income and long-term redevelopment upside. The site is currently stabilized with a rented single-family home, along with additional barn and shop improvements that generate holding value while plans are evaluated. Surrounded by new multifamily housing, residential subdivisions, and ongoing corridor intensification, the property sits within an area actively transitioning toward higher-density, mixed-use development supported by major public investment in 172nd Avenue infrastructure and long-term city planning for community-scale commercial and urban center growth. With strong frontage exposure, flexible CCC zoning that supports commercial, mixed-use, and potential higher-density residential concepts (subject to approvals), and exceptional strategic positioning at a key growth node, this is an ideal acquisition for a developer seeking both cash flow during entitlement and significant future upside in one of Happy Valley's most active development corridors.
Location
State OR
County Clackamas
Area _145
Zoning CCC
Exterior
Utilities Available CableAvailable, ElectricityConnected, NaturalGasConnected, PublicSewer, SepticTank, WaterConnected
View City
Garage No
Building
Lot Description Public Road
Schools
Elementary Schools Beatricecannady
Middle Schools Happy Valley
High Schools Clackamas
Others
Acceptable Financing Cash, Contract, Conventional, OwnerWillCarry, Rehab, Trade
Listing Terms Cash, Contract, Conventional, OwnerWillCarry, Rehab, Trade
NEARBY SCHOOLS & PROPERTIES
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