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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
ago
Est $16,862/mo

The Gateway to Growth on SE 172nd AvenueOpportunities 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 HighlightsSize: 9.7 wooded acresLocation: SE 172nd Ave, Happy Valley, OR, adjacent to Mr. Tree Landscape SupplyEnvironmental: Clean Phase I Environmental Study completedTopography: 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 retailLocated 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 growthClean Slate OpportunityWith a completed Phase I Environmental Study, you can move directly into planning and development with confidence.

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.

Checked 1 hour ago — Updated

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