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    SE Armstrong Cir Happy Valley, OR 97089

    Sponsored
    For Sale
    $450,000

    LAND - HappyValley, OR

    Type:Single Family Residence
    Lot size:
    2.64 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for SE Armstrong Cir

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R-15
    APN
    05029748
    Lot size
    2.64 Acres

    MORE Realty (503) 353-6673 [email protected]

    Listing agent Tatyana Gavrilyuk (503) 353-6673

    Listing date Jan 1, 2026

    MLS# 366434992 Listing URL

    Copyright © 2026 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

    Happy Valley Land Development Opportunity

    This 2.64-acre parcel, situated off Armstrong Circle in Happy Valley, Oregon, is zoned R-15 and offers development potential. The City of Happy Valley indicates the possibility of creating 6-7 buildable lots, contingent upon sewer approval. A completed survey is available from the seller. The location is near schools, parks, shopping areas, and Highway 212. The City of Happy Valley has acquired the adjacent property and plans to construct a public works facility, along with paving a portion of the easement to improve site access. Buyers are advised to conduct their own due diligence regarding zoning regulations, development feasibility, and utility access. This property presents an opportunity for developers or those seeking to build in a high-growth area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Happy Valley
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.480586
    Latitude
    45.411047

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    FAQs

    What type of property is this?
    Land - 2.64-acre parcel zoned R-15 with development potential in Happy Valley.
    Where is this land located?
    The property is located at SE Armstrong Cir Happy Valley, OR.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Large 2.64-acre parcel in Happy Valley, offering privacy and development potential.; - Zoned R-15 with potential for 6-7 buildable lots (pending sewer approval).; - City of Happy Valley to pave a portion of the easement, improving access.
    (503) 353-6673
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    SE Armstrong Cir Happy Valley, OR 97089
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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.

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    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
    SE Armstrong Cir Happy Valley, OR 97089
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