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.
| MLS # | 515799283 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 145 |
| Listing Provided By | Ianos Realty | Alexandru Ianos |
| Zoning | CCC |
|---|---|
| Acreage | 3.20 |
| Property View | City |
| Heating Yn | No |
|---|---|
| Cooling Yn | No |
| Lot Features | Public Road |
|---|
| Attached Garage Yn | No |
|---|
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Public Sewer, Septic Tank, Water Connected |
|---|
| Property | 6229 |
|---|
| State | OR |
|---|---|
| County | Clackamas |
| City | HappyValley |
| Zip Code | 97086 |
| School District | Clackamas |
| Elementary School | BeatriceCannady |
| High School | Clackamas |
| Listing VS Median (in 97086) | |
Price: $3,900,000 low | high Med: $685,000 On site: 145 low | high Med: 40 | |
| State | OR |
|---|---|
| County | Clackamas |
| City | HappyValley |
| Zip Code | 97086 |
| School District | Clackamas |
| Elementary School | BeatriceCannady |
| High School | Clackamas |
| Listing VS Median (in 97086) | |
Price: $3,900,000 low | high Med: $685,000 On site: 145 low | high Med: 40 | |