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11245 SE 172nd AvenueHappy Valley, OR 97086Price: $3,900,000

  • Price: $3,900,000
  • Est. Mortgage of $/month
  • 50 Days on Market
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Federal 30-year interest rate: 6.52% last updated on Jun 11, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,900,000List Price
  • 3.2Acreage
Listed by Alexandru Ianos of Ianos Realty
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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.

Property Details of 11245 SE 172nd Avenue

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Based on information submitted to OR_RMLS_WEB_API as of June 12, 2026 12:43 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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