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    Happy Valley, OR
    Mixed-Use

    Happy Valley, OR Mixed-use Properties for Sale

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    Boring, OR Sandy, OR Damascus, OR Gresham, OR Eagle Creek, OR Troutdale, OR Oregon City, OR Portland, OR
    Split-Zoned Mixed-Use Development Land
    Updated: Sep 16, 2022
    Split-Zoned Mixed-Use Development Land

    Happy Valley, OR 97086

    $3,000,000
    6.06 AC lot
    6.06‑acre parcel split‑zoned MCC (~4 acres) and MUR‑M2 (~2 acres, 25–34 units/acre) with options to follow current split zoning or pursue a Type III rezone.
    City staff have indicated willingness to support a zone change eliminating the commercial designation in favor of MUR‑M2, subject to the Type III zone change process.
    Pre‑development work completed: a prior team advanced a 184‑unit mixed‑use concept through a full City Pre‑Application Conference in 2024; ALTA survey and City pre‑application materials are available.
    Level site with approx. +/-300 ft frontage on SE 172nd Avenue; access aligns to SE Huckleberry Street.
    Intermittent creek runs through the back (northeast) corner, impacting roughly one acre between the waterway and required buffers.
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    Commercial Land with Transit Access
    Updated: Aug 6
    Commercial Land with Transit Access

    8855 SE Otty Rd, Happy Valley, OR 97086

    Contact for pricing
    2 sqft 2.64 AC lot
    Approximately 143,748 SF / approximately 3.3 AC of commercial land
    Station Community Mixed Use (SCMU) zoning district
    Utilities stubbed to site
    TriMet MAX and bus lines just steps away
    I‑205 exposure with traffic counts exceeding 137,500 vehicles per day
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Happy Valley, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Foster Corridor Mixed-Use Development Site
    Foster Corridor Mixed-Use Development Site

    9639 SE FOSTER, Portland, OR 97266

    $345,000
    0.25 AC lot

    10,722 SF CM3 zoned land in Portland's Foster Corridor.

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    Versatile Mixed-Use Property For Sale
    Versatile Mixed-Use Property For Sale

    2901 SE 122ND, Portland, OR 97236

    $399,000
    2,282 sqft

    Charming property with flexible space, ideal for live/work setup.

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    Powell Valley Flexible Commercial Building
    Powell Valley Flexible Commercial Building

    16521 SE Powell Blvd, Portland, OR 97236

    Contact for pricing
    2,572 sqft 0.23 AC lot

    Versatile commercial building in Powell Valley, ideal for owner-users.

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    Retail/Industrial Flex Building For Sale
    Retail/Industrial Flex Building For Sale

    12250 SE Division St, Portland, OR 97236

    Contact for pricing

    Two properties with secure yard space available for sale.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Damascus Commercial Development Land
    Damascus Commercial Development Land

    16400 SE HIGHWAY 224, Damascus, OR 97089

    $1,900,000
    3.98 AC lot

    3.98 acre commercial development property in Damascus, Oregon.

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    Dividable Lot with Cash Flow
    Dividable Lot with Cash Flow

    501 SE 157TH, Portland, OR 97233

    $599,900
    0.48 AC lot

    0.48-acre lot zoned RM1 with cash flow.

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    Portland Land in Foster-Powell
    Portland Land in Foster-Powell

    5624 SE FRANCIS St, Portland, OR 97206

    $400,000
    0.09 AC lot

    Land for sale in the heart of Foster-Powell, Portland.

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    Permit-Ready Townhome Development Site
    Permit-Ready Townhome Development Site

    70 NW BIRDSDALE Ave, Gresham, OR 97030

    $750,000
    0.78 AC lot

    Permit-ready 9-unit townhome development site in Gresham, Oregon.

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    Happy Valley, OR Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Happy Valley, OR on our real estate platform. These investment opportunities span a total of 2 square feet of properties for sale, with an estimated market value of $3,000,000.

    Sale prices for multi use buildings in Happy Valley, OR average $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 58K
    Population Growth (5Y) +6.8%
    Median Household Income $94,351
    College Educated 50.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.76%
    Property Tax per SF $39.75 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clackamas County

    New Delisted

    Total CRE Inventory on Market (SF)

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