172 SE SE 172nd AVE Happy Valley, OR $ 2,500,000
172 SE SE 172nd AVE
$ 2,500,000
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172 SE SE 172nd AVE

Happy Valley, OR, 97086
$ 2,500,000
Bedrooms-- Baths--
172 SE SE 172nd AVE, Happy Valley, OR 97086 - Image 1
172 SE SE 172nd AVE, Happy Valley, OR 97086 - Image 2
172 SE SE 172nd AVE, Happy Valley, OR 97086 - Image 3
172 SE SE 172nd AVE, Happy Valley, OR 97086 - Image 4

Property for Rent in Happy Valley, OR

for $2,500,000. This property was built in 1922 on a lot size of 9.77.

The Gateway to Growth on SE 172nd Avenue. Opportunities like this are rare. Nearly 10 acres of untapped potential in one of the Pacific Northwest’s fastest-growing submarkets. Positioned along the high-traffic SE 172nd Ave corridor, this property delivers visibility, flexibility, and long-term upside.Whether you're looking to establish a commercial presence, develop retail, or build a high-density residential community, this site gives you room to execute.Property Highlights Size: 9.7 wooded acres Location: SE 172nd Ave, Happy Valley, OR, adjacent to Mr. Tree Landscape Supply Environmental: Clean Phase I Environmental Study completed Topography: Flat and wooded, offering natural screening or a premium timbered feelZoning: Employment Center (EC)Flexible zoning supporting a wide range of uses:• Light industrial and flex space• Commercial and retail development• Mixed-use with office and ground-floor retail Located within a key growth corridor, the property also presents strong potential for future residential conversion, including single-family or multi-family development, aligning with continued housing demand in Happy Valley.Location and Connectivity• Frontage on SE 172nd Ave, a major north-south arterial• Close to Sunnyside Rd and Highway 212• Established neighboring businesses, including Mr. Tree Landscape Supply• Surrounded by ongoing residential growth Clean Slate Opport unity With a completed Phase I Environmental Study, you can move directly into planning and development with confidence.Buyer to do their own due diligence with City and County.

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Rental Active

Price

$ 2,500,000

Taxes

$ 111

Style

Lot Size

9.77

Year Built

1922

Town/City

Happy Valley

County/Region

Clackamas

MLS | Web ID

449631684

Features
General
Sewer Other PublicSewer
Heating None
Cooling None
Zoning EC
Year Built 1922
Sale Includes Land
Property Subtype Other
Parcel Number 00136454
Gross Income 0
County Clackamas
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions SE 172nd towards Foster. Parcel next to Mr Tree Landscape Supply.
City HappyValley
MLS Area _145
Lot Size Square Feet 425581.0
Listing Terms CallListingAgent
Tax Annual Amount 111.21
Lease Type None
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SECTION 30 TOWNSHIP 1S RANGE 3E QUARTER A TAX LOT 01701
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Exterior
Parking Features None
Water Source Other
Building Area Total 0
Lot Size Acres 9.77
Road Surface Type Paved
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Internal Only
Street Number 1 172
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* Excluded Features
List By
Windermere Realty Trust

Broker

503-784-7290

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2026$2,500,000 Listed Price

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172 SE SE 172nd AVE, Happy Valley, OR, 97086 is a Property for Rent at $2,500,000 with a lot size of 9.77. 172 SE SE 172nd AVE was built in 1922. The property's zip code is 97086 which is in Happy Valley, OR