11245 SE 172nd Ave, Happy Valley, OR 97086

Happy Valley
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
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...

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Home facts

  • Listing ID #:515799283
  • Added:151 day(s) ago
  • Updated:September 23, 2026 at 11:55 AM

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)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: September 23, 2026

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