$3900000
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Bed
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Bath
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SqFt
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4 DOM
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Built:
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Status: Active
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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.
Listing Provided Courtesy of Alexandru Ianos, Ianos Realty
General Information
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515799283
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MixedUse
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4 DOM
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3.2 acres
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CCC
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Clackamas
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00138390
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BeatriceCannady
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Happy Valley
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Clackamas
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Land
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MixedUse
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SECTION 31 TOWNSHIP 1S RANGE 3E QUARTER BD TAX LOT 00400
Listing Provided Courtesy of Alexandru Ianos, Ianos Realty
PDXA1 Realty Group data last checked: Apr 28, 2026 05:22 | Listing last modified Apr 24, 2026 15:10,
Source:
Residence Information
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No
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Features and Utilities
Financial
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6229.13
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0
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Cash,Contract,Conventional,OwnerWillCarry,Rehab,Trade
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04-24-2026
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No
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No
Comparable Information
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4
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4
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Cash,Contract,Conventional,OwnerWillCarry,Rehab,Trade
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$3,900,000
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$3,900,000
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Apr 24, 2026 15:10
Schools
Map
Listing courtesy of Ianos Realty.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Apr 28, 2026 05:22 | Listing last modified Apr 24, 2026 15:10.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
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Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
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Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
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