11245 SE 172ND AVE Happy Valley, OR $ 3,900,000
11245 SE 172ND AVE
$ 3,900,000
Recently Listed
Share Save

11245 SE 172ND AVE

Happy Valley, OR, 97086
$ 3,900,000
Baths0.0

Monthly Estimate*

$ 24,013

11245 SE 172ND AVE, Happy Valley, OR 97086 - Image 1
11245 SE 172ND AVE, Happy Valley, OR 97086 - Image 2
Studio

Lots and Land for sale in Happy Valley, OR

for $3,900,000. The lot size is 3.2.

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.

See more

Lots and Land Active

Price

$ 3,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 6,229

Style

MixedUse

Lot Size

3.2

Town/City

Happy Valley

County/Region

Clackamas

MLS | Web ID

515799283

Features
General
Utilities CableAvailable ElectricityConnected NaturalGasConnected PublicSewer SepticTank WaterConnected
Zoning CCC
Property Subtype MixedUse
Tax Year 2025
Current Use Commercial MixedUse Residential
Parcel Number 00138390
County Clackamas
Property Type Land
HOA N
Other Structures Barn Commercial Driveway Sidewalk Storage Workshop
Status Active
Directions 172nd to property
High School Clackamas
City HappyValley
Disclosures Disclosure
MLS Area _145
Lot Size Square Feet 139392.0
Listing Terms Cash Contract Conventional OwnerWillCarry Rehab Trade
Elementary School BeatriceCannady
Tax Annual Amount 6229.13
Middle/Junior High School Happy Valley
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 31 TOWNSHIP 1S RANGE 3E QUARTER BD TAX LOT 00400
ADU False
See more
Exterior
Lot Features PublicRoad
Lot Size Acres 3.2
Road Surface Type Paved
See more
Internal Only
Street Number 1 11245
See more
* Excluded Features
List By
Ianos Realty

Broker

alex@ianosrealty.com

Email

Affordability Calculator

$24,532
Per Month
98%
2%
0%
Monthly Principal & Interest
$24,013
Monthly Property Taxes
$519
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3635932 Elementary School
1949228 Middle School
Clackamas High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$3,900,000 Listed Price

Map


See all

11245 SE 172ND AVE, Happy Valley, OR, 97086 is a Lots and Land for sale at $3,900,000 with a lot size of 3.2. 11245 SE 172ND AVE is a studio with 0.0 baths. The property's zip code is 97086 which is in Happy Valley, OR