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0 SE Hwy 212, Happy Valley
$1,200,000
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- Lot size
- 7.57 acres
- Property type
- Land
- Days on market
- 320
Overview
This prime 7.57-acre vacant land parcel, previously utilized as a nursery, is strategically located off Clackamas Highway (212) within the Oregon Urban Growth Boundary (UGB). The flat site holds an R5 (Residential – 5,000 SQFT) zoning designation, allowing for development of up to approximately 49 single-family (attached/detached) or duplex units, assuming a standard 25% infrastructure dedication. (From initial due diligence) Power is available along the highway frontage. Sewer is available at the approximately 3,000 feet away. Its flat topography and access via Highway 212 (ingress/egress managed by ODOT) make it a future buildable prospect for developers targeting the high-demand Happy Valley & Clackamas County residential market, with a current covered land play.
Details
Interior
- Cooling
- No
- Heating
- No
Exterior and lot
- Lot size
- 7.57 acres
- Lot features
- Flag Lot
- View
- No
Schools
- High school
- Other
- Middle school
- Other
- Elementary school
- Other
Location
- City
- Happy Valley
- County
- Clackamas
- Zoning
- R5
Taxes and dues
- Annual taxes
- $123 (2025)
Location
0 SE Hwy 212, Happy Valley, OR 97089
Monthly payment estimate
$6,397 /mo
- Principal and interest
- $6,387
- Property tax (2025)
- $10
- Total
- $6,397
Estimate only, and not an offer of credit. Assumes 20% down ($240,000) 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.
