11245 SE 172nd Ave, Happy Valley, OR 97086

Happy Valley
Local realty services provided by:Knipe Realty ERA Powered
11245 SE 172nd Ave,Happyvalley, OR 97086
$3,900,000
  • 3.2 Acres
  • Lots / Land
  • Active
Listed by: alexandru ianos
Office: ianos realty503-408-9100
MLS#:515799283
Source:PORTLAND

Price summary

  • Price:$3,900,000

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:515799283
  • Added:59 day(s) ago
  • Updated:June 23, 2026 at 11:22 AM

Structure and exterior

  • Lot area:3.2 Acres
  • Lot Features:Public Road

Schools

  • High school:Clackamas
  • Middle school:Happy Valley
  • Elementary school:BeatriceCannady

Utilities

  • Water:Water Connected
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,900,000
  • Tax amount:$6,229 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: June 23, 2026

New listings near 11245 SE 172nd Ave