11245 SE 172nd Ave, Happy Valley, OR 97086

$3,900,000

Beds

Baths

3.20 ac

Property Size

Year Built

About The Property

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.

ARCHITECTURE

INTERIOR FEATURES

EXTERIOR FEATURES

Lot Features: Public Road
Lot size (Acres): 3.2
Zoning: CCC

SCHOOLS

Elementary: BeatriceCannady
High School: Clackamas
Middle: Happy Valley

TAX & FINANCIAL

Annual Tax: $6229.13
Terms Considered: Cash, Contract, Conventional, Owner Will Carry, Rehab, Trade
Tax Year: 2025

LISTING INFO

Listing courtesy of Ianos Realty
Days On Market: 80

Map Location

Property Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 729124

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Erik Leland