10335 172Nd Ave Happy Valley, OR 97086
This exceptional 3.38-acre commercial land parcel in Happy Valley, Oregon, presents a unique development opportunity. Located at 10335 SE 172nd Ave, 97086, in Clackamas County, this property boasts stunning mountain and territorial views, enhanced by a pond with waterfront features. The land gently slopes, offering a secluded setting with privacy. The property includes an existing multi-generational home and additional structures, providing potential for various development scenarios. Access is convenient via a paved road with a gate. Utilities include electricity and cable, while water is available via a well and sewage is handled by a septic tank. The property is zoned SFR (Single Family Residential), offering flexibility for potential development plans. Note that natural gas is not available. Buyers are responsible for conducting their own due diligence to determine the feasibility of their intended use. The asking price for this remarkable property is $1,595,000. The APN is 00137300. Proximity to shopping and restaurants adds to its appeal.
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.
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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.