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Property profile & analytics
OFF-MARKET
Land

16725 Highway 212 Happy Valley, OR 97086

13.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13.18-acre commercial and industrial land parcel presents a rare development opportunity in the thriving Happy Valley, Oregon market. Located at 16725 SE Hwy 212, Damascus, OR 97086, this property boasts convenient access to I-205 and the burgeoning retail and support services sector of Happy Valley. Zoned IC – Industrial Campus, the site offers existing access to Hwy 212 and 172nd Ave, providing excellent connectivity. The gently sloping south-facing topography is ideal for construction. Infrastructure is in place, including storm and sanitary sewer access via Wes and water service from Sunrise Water District. The asking price is $3,157,665, translating to $5.50 per square foot. This represents a significant opportunity to acquire hard-to-find industrial-zoned land in a high-growth area. Furthermore, there's potential to expand the land holdings to up to 15.57 acres by acquiring an adjacent parcel (outlined in yellow on available site plans). This prime location, coupled with its zoning and infrastructure, makes this property an exceptional investment for developers seeking a strategic foothold in the rapidly expanding Happy Valley area. Contact us today to learn more about this unique opportunity.

Property profile
Verified
Property type Land
Lot 13.18 ac (574,121 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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