11245 SE 172nd Ave, Happy Valley, OR 97086
Local realty services provided by:CENTURY 21 Agate Realty
11245 SE 172nd Ave,Happyvalley, OR 97086
$3,900,000
- 3.2 Acres
- Lots / Land
- Active
Listed by: alexandru ianos
Office: ianos realty503-408-9100
MLS#:515799283
Source:PORTLAND
Price summary
- Price:$3,900,000
About this home
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....
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Home facts
- Listing ID #:515799283
- Added:146 day(s) ago
- Updated:September 18, 2026 at 12:16 PM
Structure and exterior
- Lot area:3.2 Acres
- Lot Features:Public Road
Schools
- High school:Clackamas
- Middle school:Happy Valley
- Elementary school:BeatriceCannady
Utilities
- Water:Water Connected
- Sewer:Septic Tank
Finances and disclosures
- Price:$3,900,000
- Tax amount:$6,229 (2025)
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