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    SE Rock Creek Blvd & SE Parklane Happy Valley, OR

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for SE Rock Creek Blvd & SE Parklane

    Property type
    Land
    Property subtype
    Residential land & home lots

    Description

    • Vacant, development ready lot • Entitlement and predevelopment process completed • Flat lot at the new intersection • 169,448 sq. ft. vacant industrial land • Zoning Code: IC • SE Rock Creek Blvd & SE Parklane, Happy Valley, OR 97015

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Happy Valley
    County
    State
    Oregon
    Longitude
    -122.493
    Latitude
    45.4146

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    • Value Estimation by Request

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      INDUSTRIAL - VACANT LAND • 1.49 Acres
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      View Details

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      24.00 Acres

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      Aurora Land with I-5 Access

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      Land in Opportunity Zone

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    Similar Nearby for Lease

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      Land Available For Lease

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      Gresham Land For Rent

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      62,257 SF

      Shovel Ready Land For Rent

      Large block of land suitable for multiple user types.
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      Corner Lot Ground Lease Available

      Highly visible corner lot for ground lease in Keizer.
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      Commercial Land Near I-5

      Commercial land available for lease near I-5 in Salem, OR.
      4770 Logistics St SE, Salem, OR
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      Commercial Land for Lease

      Two commercial land lots available for lease in Sherwood, Oregon.
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    SE Rock Creek Blvd & SE Parklane
    Happy Valley, OR
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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