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
Member of: National Association of REALTORS® (NAR)
Request a Private Showing
Wed26Aug
Thu27Aug
Fri28Aug
Sat29Aug
Sun30Aug
Mon31Aug
Tue01Sep
Wed02Sep
Thu03Sep
Fri04Sep
In Person
Video Chat
Your information
Disclaimer
Property ID - | 729124
Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.