14933 172Nd Ave Happy Valley, OR 97015
This exceptional 7.81-acre commercial land parcel presents a remarkable investment opportunity in Happy Valley, Oregon. Located at 14933 SE 172nd Avenue, this level site boasts a prime corner location with direct access to SE 172nd Avenue and Rock Creek Boulevard, offering unparalleled visibility and accessibility. The property is zoned CCC – Community Commercial Center, allowing for a diverse range of development options, including retail, mixed-use, senior housing, medical facilities, and office spaces. Its strategic location provides convenient access to major transportation arteries, including Highway 212, the Sunrise Corridor Expressway, and Interstate 205, ensuring excellent connectivity for businesses and residents. Utilities are readily available along SE 172nd Avenue and Rock Creek Boulevard, simplifying the development process. The land is priced at $5,950,000, translating to a land value of $17.49 per square foot. This presents a unique chance to acquire a substantial, well-located parcel in a thriving Oregon community, ideal for a variety of commercial ventures. The level topography of the site further enhances its development potential, minimizing site preparation costs and expediting the construction process. Don't miss this opportunity to secure a prime piece of commercial real estate in a high-growth area. The property is situated in Clackamas County, Oregon, with a 97015 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.