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Mixed-Use Land for Sale in Happy Valley, Oregon

SE 172nd Ave, Happy Valley, OR 97086

$2,500,000
9.77 acres
Active sale
Est $16,862/mo

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 Opportunity 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.

Location

Street address
SE 172nd Ave
Elevation
389 feet
Coordinates
45.4554, -122.4851

Directions

SE 172nd towards Foster. Parcel next to Mr Tree Landscape Supply.

Property details

Acreage
9.77 acres
Zoning
EC
MLS #
RMLS 532937768
Posted

Property taxes

Recent
$111

Parcels

  • 00136454

Legal description

Details and features

Listing

Type
Land
Franchise
Windermere Real Estate

Lot

View
Valley

Nearby schools

NameType
Pleasant ValleyElementary
CentennialMiddle
CentennialHigh

Listing history

DateEventPriceChangeSource
Apr 3, 2026New listing$2,500,000RMLS
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This 9.77-acre property is located at SE 172nd Ave in Happy Valley, OR 97086. The property is available for sale for $2,500,000 with a price per acre of $255,885.

Listed by Windermere Realty Trust, (503) 220-1144

Checked 2 hours agoUpdated Source

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