11245 SE 172ND AVE, Happy Valley, OR 97086

  • $3,900,000

Overview

  • MixedUse, Land
    Property Type
  • 515799283
    MLS#
  • 3.2 Acres
    Land Area
  • Ianos Realty
    Office Name
  • Alexandru Ianos
    Agent Name

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.

Details

Updated on April 24, 2026 at 10:10 pm
  • MLS# 515799283
  • Price $3,900,000
  • Land Area 3.2 Acres
  • Garage Size x x
  • Property Type MixedUse, Land
  • Property Status Active
  • Office Name Ianos Realty
  • Agent Name Alexandru Ianos
  • Office Phone 503-408-9100

Additional details

  • Listing Terms Cash, Contract, Conventional, Owner Will Carry, Rehab, Trade
  • Utilities Cable Available, Electricity Connected, Natural Gas Connected, Public Sewer, Septic Tank, Water Connected
  • County Clackamas
  • Property Type Land
  • Elementary School Beatrice Cannady
  • Middle School Happy Valley
  • High School Clackamas

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