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    9233 SE Pennington Ct Happy Valley, OR 97086

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    For Sale
    $3,400,000

    Unique land parcel in master-planned community with city views.

    Lot size:
    7.04 Acres

    Property Features for 9233 SE Pennington Ct

    General Information

    Lot size
    7.04 Acres
    Source: Moodyscre

    Listing Agent: Kevin Vandenbrink

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Parcel with Portland Views

    This unique land parcel is situated within the Altamont collection of neighborhoods, a master-planned development featuring single-family, multi-family, and attached dwellings. The property offers views of the Portland Central Business District skyline from its generally flat site. The seller indicates that various land use applications may be needed to ensure the intended development is entitled.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Happy Valley
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.560461
    Latitude
    45.4563138

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    FAQs

    What type of property is this?
    Land - Unique land parcel in master-planned community with city views.
    Where is this land located?
    The property is located at 9233 SE Pennington Ct Happy Valley, OR.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - Unmatched views of the Portland Central Business District skyline.; - Large parcel size.; - Unique location in the Altamont master-planned community.
    (503) 972-7289
    Request Owner's contact information
    9233 SE Pennington Ct Happy Valley, OR 97086
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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
    9233 SE Pennington Ct Happy Valley, OR 97086
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