8901 SE Bristol Park Dr, Clackamas, OR 97086
This exceptional 7.04-acre parcel presents a unique investment opportunity in Happy Valley, Oregon. Located at 8901 SE Bristol Park Dr, 97086, this multifamily and commercially zoned land boasts unmatched views of the Portland Central Business District skyline. The property is situated within the Altamont Collection, a master-planned community featuring single-family, multi-family, and attached dwellings, ensuring a desirable and established neighborhood context. The generally flat site simplifies development, although the seller acknowledges that various land use applications may be necessary to secure the necessary entitlements for your intended project. The property's APN is 12E28AD10200, and it is zoned R-15 in Clackamas County, offering flexibility for a range of development possibilities. The asking price for this remarkable property is $3,400,000. Its prime location, expansive size, and breathtaking views make it an ideal canvas for a lucrative multifamily development. The property's strategic positioning within a thriving master-planned community promises strong potential for rental demand and long-term appreciation. This is a rare chance to acquire a significant land holding in a highly sought-after area with exceptional visibility and development potential. Serious inquiries are encouraged to explore the possibilities this unique property offers.
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Altamont Park Park Tourist Attraction
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.