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Wooded Industrial Land
For Sale
$2,150,000

SE 172nd Ave, Happy Valley, OR 97086

Land, HappyValley, OR

Property SizeContact for details
Lot Size9.77 Acres
Days on Market159

Property Features for SE 172nd Ave

General Information

Property type Land
Property subtype Other
Zoning EC
View Valley
Elementary school Pleasant Valley
Middle school Centennial
High school Centennial
Directions SE 172nd towards Foster. Parcel next to Mr Tree Landscape Supply.
Subdivision _145
Standard status Active
APN 00136454
Lot size 9.77 Acres

Taxes and HOA fees

Tax Description SECTION 30 TOWNSHIP 1S RANGE 3E QUARTER A TAX LOT 01701
Tax Annual Amount 111
Legal Description SECTION 30 TOWNSHIP 1S RANGE 3E QUARTER A TAX LOT 01701
Listing Agency: Windermere Realty Trust · Windermere Real Estate
Listed By: Joe Battaglia
Added: Apr 3 Changed: Aug 20 Last Checked: Sep 8 at 2:06PM
MLS# 532937768

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.

Investment Insights

Based on property information with market context.

This 9.77-acre industrial land site combines a flat, wooded setting with Employment Center (EC) zoning. The property offers a substantial development area for uses identified under the zoning framework, including light industrial and flex space, commercial or retail projects, and mixed-use concepts with office and ground-floor retail. Natural tree cover may provide screening within the site, while the completed Phase I Environmental Study adds an established point of reference for the planning process.

Frontage along SE 172nd Ave places the property on a major north-south arterial in Happy Valley. The site is near Sunnyside Rd and Highway 212, with established businesses nearby, including Mr. Tree Landscape Supply. Ongoing residential growth surrounds the broader area, and the property is adjacent to that landscape-supply operation.

Key Highlights

  • 9.77‑acre industrial land site
  • Employment Center (EC) zoning
  • Flat, wooded topography

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Flat, wooded site with Employment Center zoning and frontage on SE 172nd Ave.
Where is this industrial land located?
The property is located at SE 172nd Ave Happy Valley, OR.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 9.77‑acre industrial land site; Employment Center (EC) zoning; Flat, wooded topography
More about this property
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