11245 SE 172ND AVE, Happy Valley, OR 97086
11245 SE 172ND AVE, Happy Valley, OR 97086
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike Farrell

Mike Farrell

+1(360) 910-1926
Listed by Ianos Realty
$3,900,000
Est. payment /mo
3.2 Acres Lot
Save

UPDATED:

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

Read Less Info
Regional Multiple Listing Service (RMLS)

Nearby Locations

Mike Farrell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 910-1926

mikehomecenter@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mike Farrell, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

11245 SE 172ND AVE