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11245 SE 172nd Ave, Happy Valley
$3,900,000
Save- Lot size
- 3.2 acres
- Property type
- Land
- Days on market
- 141
Overview
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.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 3.2 acres
- Lot features
- Public Road
- View
- Yes
- View description
- City
Schools
- High school
- Clackamas
- Middle school
- Happy Valley
- Elementary school
- BeatriceCannady
Location
- City
- Happy Valley
- County
- Clackamas
- Zoning
- CCC
Taxes and dues
- Annual taxes
- $6,229 (2025)
Location
11245 SE 172nd Ave, Happy Valley, OR 97086

Monthly payment estimate
$21,277 /mo
- Principal and interest
- $20,757
- Property tax (2025)
- $519
- Total
- $21,277
Estimate only, and not an offer of credit. Assumes 20% down ($780,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

