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Mixed-Use Development Land with Building
For Sale
$2,400,000

11493 SE 82ND, Happy Valley, OR 97086

Development-ready land with RCC front and MR1 rear zoning, plus an existing 3,200 SF commercial building sold as-is.

Property Size3,200 SF
Lot Size1.42 Acres
Price / SF$750
Days on Market97

Property Features for 11493 SE 82ND

General Information

Standard status Active
Size 3,200 SF
Lot size 1.42 Acres
Property subtype Land or Vacant Lot
Zoning MR1/RCC

Taxes and HOA fees

Annual Taxes $19,455

Amenities

On Busline
Private
Private Road
Listing Agency: HOME & HEARTH REALTY GROUP
Listed By: ANDREW FINKLE · License #201203748
Source: Corcoran
Added: May 5 Changed: Aug 8 Last Checked: May 8 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOME & HEARTH REALTY GROUP

Investment Insights

Based on property information with market context.

Located at 11493 SE 82ND, HappyValley, OR 97086, this for-sale development site spans approximately 1.42 acres and offers a front-to-back zoning mix. The front portion is described as retail/restaurant-zoned (RCC), while the rear portion is described as multifamily-zoned (MR1), supporting flexible commercial and residential possibilities.

The property includes existing improvements sold as-is: a 3,200 SF commercial building, a large detached shop with garage doors, and a mobile home listed with no assigned value. The overall setup is intended for buyers looking to consider mixed-use and live/work concepts based on the stated zoning configuration.

The parcel combines the RCC and MR1 zoning areas in a single ownership, along with the on-site structures that can be evaluated for redevelopment or continued use consistent with the property’s described zoning.

Key Highlights

  • 1.42‑acre Portland property with flexible MR1/RCC zoning for mixed commercial and residential uses
  • RCC‑zoned front portion includes approx. 21,000 SF (0.48 AC) of retail/restaurant‑zoned land
  • MR1‑zoned rear portion includes approx. 40,855 SF (0.94 AC) for multifamily‑zoned development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby
314k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Apparel 30% Dining 17% Shops & Services 14%
WinCo Foods Groceries
93,206 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
66,618 visits/mo 0.4 miles
T.J. Maxx Apparel
28,622 visits/mo 0.2 miles
Dollar Tree Shops & Services
28,455 visits/mo 0.4 miles
Arby's Dining
16,597 visits/mo 0.5 miles

Demographics for 97086, OR

32,612
Population
13,440
Households
2.4
Avg Household Size
39
Median Age
43%
College-Educated
95%
High-School Grad
10.5 sq mi
ZIP Area
3,106
Density / Sq Mi
$102,591
Median Household Income
$49,939
Median Earnings
$1,598
Median Rent
$655,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development-ready land with RCC front and MR1 rear zoning, plus an existing 3,200 SF commercial building sold as-is.
Where is this commercial land located?
The property is located at 11493 SE 82ND Happy Valley, OR.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 1.42‑acre Portland property with flexible MR1/RCC zoning for mixed commercial and residential uses; RCC‑zoned front portion includes approx. 21,000 SF (0.48 AC) of retail/restaurant‑zoned land; MR1‑zoned rear portion includes approx. 40,855 SF (0.94 AC) for multifamily‑zoned development
More about this property
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