Stevens Rd Happy Valley, OR 97086
- Land
- 338,067 SF
Current Use by Public Records
- Land
Property Details for 0 Stevens Rd
- Property size
- 338,067 SF
- Property type
- Land
Description
This exceptional investment opportunity presents a fully engineered, permit-ready mixed-use development site in the thriving Happy Valley area of Clackamas County, Oregon. Located at SE Monterey Ave & SE Stevens Rd, this prime 105,069 square foot lot is part of the Eagle Landing Master Plan, a vibrant community envisioned to include multifamily residences, retail and dining establishments, Class A office space, and a luxury hotel. The project encompasses a substantial 338,067 square feet and features a planned 199 residential units, including 126 one-bedroom and 73 two-bedroom apartments. In addition to the residential component, over 15,936 square feet of ground-floor commercial space is planned, providing significant retail opportunities. This development is situated within a city-approved vertical housing development zone, ensuring streamlined approvals and construction timelines. The comprehensive engineering and permitting process is complete, minimizing risk and accelerating the path to completion. This is a rare chance to acquire a large-scale, mixed-use project in a high-growth area, offering substantial returns for investors seeking a turnkey development opportunity. The property's location within the Eagle Landing Master Plan guarantees access to a thriving community with ample amenities and strong future growth potential. This is a truly exceptional opportunity to capitalize on the burgeoning Happy Valley market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Happy Valley
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.576
- Latitude
- 45.4383
