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    14820 172Nd Ave Clackamas, OR 97015

    Sponsored
    For Sale
    $2,499,900

    5.38 Acres, $2.5M, Happy Valley

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.38-acre commercial land parcel, located at 14820 SE 172nd Ave in Clackamas, Oregon (zip code 97015), presents a compelling investment opportunity. Priced at $2,499,900, this strategically positioned property boasts a land value of $9.80 per square foot. The site is zoned for both Employment Center (EC) and Industrial Campus (IC) uses, offering considerable flexibility for a wide range of development projects. Its advantageous location at the intersection with Rock Creek Boulevard ensures high visibility and accessibility. The property's proximity to a newly constructed Fred Meyer (opened late 2016) further enhances its appeal and potential for attracting customers and employees. This prime location within the rapidly expanding Happy Valley community makes it an ideal site for owner-users seeking to establish a presence in a thriving market. The total area encompasses 234,352 square feet, providing ample space for substantial development. This is a rare chance to acquire a significant commercial land holding in a highly desirable area of Clackamas County.

    Property Features for 14820 172Nd Ave

    General Information

    Property type
    Land
    Lot Size
    234,353 SF

    HighLights

    • Prime Happy Valley commercial development land.
    • 5.38‑acre site (234,352 square feet).
    • Employment Center (EC) and Industrial Campus (IC) zoning.
    • $2,499,900 asking price.
    • Strategically located at Rock Creek Blvd intersection; diverse permitted uses.
    • Excellent owner‑user opportunity in rapidly growing Happy Valley.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Clackamas
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.48545529235
    Latitude
    45.415072280384

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    FAQs

    What type of property is this?
    Land - 5.38 Acres, $2.5M, Happy Valley
    Where is this land located?
    The property is located at 14820 172Nd Ave Clackamas, OR.
    What is the asking price?
    The asking price for this property is $2,499,900.
    What are key features of this property?
    This property features: Prime Happy Valley commercial development land.; 5.38-acre site (234,352 square feet).; Employment Center (EC) and Industrial Campus (IC) zoning.
    (503) 245-1400
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    14820 172Nd Ave Clackamas, OR 97015
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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
    14820 172Nd Ave Clackamas, OR 97015
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