10022 SE 172ND AVE Happy Valley, OR $ 3,000,000
10022 SE 172ND AVE
$ 3,000,000
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10022 SE 172ND AVE

Happy Valley, OR, 97086
$ 3,000,000
Baths0.0

Monthly Estimate*

$ 18,942

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Studio

Lots and Land for sale in Happy Valley, OR

for $3,000,000. The lot size is 6.06.

This 6.06-acre parcel (Tax ID #00137765) is split-zoned Mixed Commercial Center (MCC, ~4 acres) and Mixed Use Residential-Multifamily (MUR-M2, 25–34 units per acre, ~2 acres), offering a buyer two paths: a mixed-use commercial/residential development consistent with the current split zoning, or rezoning the commercial portion to MUR-M2 through a Type III zone change to bring the entire site under MUR-M2 designation. The City is advancing its own commercial development to the south and has signaled it would not want this site competing with that effort — as a result, City staff have indicated willingness to support a zone change eliminating the commercial designation here in favor of multifamily. A prior development team took a 184-unit mixed-use concept through a full City Pre-Application Conference in 2024, so the planning groundwork and the City's disposition toward a rezone are already established for an incoming buyer. The site is level, with approximately ±300 feet of frontage on SE 172nd Avenue and access aligning to SE Huckleberry Street. An intermittent creek runs through the back (northeast) corner of the property, affecting roughly one acre between the waterway and its required buffers. A wetland determination identified a few additional wetland areas approximately 0.14 acres on-site, all minor and addressable through standard mitigation. The home is tenant-occupied — ALTA survey, wetland reports, and all City pre-application materials are available.

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Lots and Land Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,831

Style

MixedUse

Lot Size

6.06

Town/City

Happy Valley

County/Region

Clackamas

MLS | Web ID

22064396

Features
General
Utilities ElectricityAvailable PhoneAvailable PublicSewer WaterAvailable
Zoning MCC M2
Property Subtype MixedUse
Tax Year 2025
Current Use Commercial MultiFamily
Parcel Number 00137765
County Clackamas
Property Type Land
HOA N
Other Structures Fenced Residence
Status Active
Directions North of Rhododendron St South of Wooded Heights Dr on 172nd Ave
High School Centennial
City HappyValley
Disclosures Disclosure
MLS Area _145
Lot Size Square Feet 263973.0
Listing Terms CallListingAgent Cash Contract Conventional
Elementary School Pleasant Valley
Tax Annual Amount 3831.0
Middle/Junior High School Centennial
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 30 TOWNSHIP 1S RANGE 3E QUARTER D TAX LOT 02500
ADU False
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Exterior
Lot Features Brush Cleared Stream Trees
Lot Size Acres 6.06
Road Surface Type Gravel
Number of Lots 1
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Internal Only
Street Number 1 10022
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* Excluded Features
List By
Re/Max Equity Group

Broker

evan@metrolandpro.com

Contact

Affordability Calculator

$19,262
Per Month
98%
2%
0%
Monthly Principal & Interest
$18,942
Monthly Property Taxes
$319
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949078 Elementary School
1949169 Middle School
Centennial High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2023$2,500,000 -16.67% Price Down
9/16/2022$3,000,000 Listed Price

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10022 SE 172ND AVE, Happy Valley, OR, 97086 is a Lots and Land for sale at $3,000,000 with a lot size of 6.06. 10022 SE 172ND AVE is a studio with 0.0 baths. The property's zip code is 97086 which is in Happy Valley, OR