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    16400 Hwy SE, Unit 224 Damascus, OR 97089

    For Sale
    $1,900,000

    COMMERCIAL - Damascus, OR

    Property size:
    3,508 SF
    Lot size:
    3.98 Acres
    Days on Market:
    134
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 16400 Hwy SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CCC
    APN
    00630017
    Size
    3,508 SF
    Lot size
    3.98 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1912
    Floors in Building
    2
    Building materials
    FullBasement, WoodFrame, WoodSiding
    Roof type
    Composition

    Mal & Seitz Real Estate (360) 313-7870 [email protected]

    Listing agent Kathryn Smith (503) 667-1200

    Listing date Jul 31, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Damascus Commercial Development Opportunity

    This 3.98-acre commercial development property is located in Damascus, Oregon, and is within the approved Pleasant Valley North Carver Comprehensive Plan. The property is approved for annexation into Happy Valley and is zoned CCC, Community Commercial Center District. This zoning is intended to provide locations for a wide range of small businesses, services, and mixed-use developments, offering many potential development possibilities. The property is fenced and gated and includes a large Craftsman-style home with 4 bedrooms and 2 bathrooms, as well as a shop. Prospective buyers are advised to verify appropriate and approved uses with the City of Happy Valley.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Damascus
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.494205
    Latitude
    45.394899

    Nearby Similar for Sale

    • $600,000
      2,288 SF

      Damascus Home, Office, and Shop

      Home/office and shop with RC zoning in prime location.
      16265 Hwy SE, Damascus, OR 97089
      View Details
    • $1,833,300
      1,980 SF

      Damascus Commercial Land Opportunity

      2.91 Acres, High-Density Potential
      17750 Vogel Rd, Damascus, OR 97089
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.98 acre commercial property approved for annexation into Happy Valley.
    Where is this commercial land located?
    The property is located at 16400 Hwy SE, Unit 224 Damascus, OR.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - 3.98 acre commercial development property in the approved Pleasant Valley North Carver Comprehensive Plan.; - Zoned CCC - Community Commercial Center District, offering a wide range of small business, service, and mixed-use development possibilities.; - Approved for annexation into Happy Valley.
    (503) 667-1200
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16400 Hwy SE, Unit 224 Damascus, OR 97089
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