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    Property profile & analytics
    OFF-MARKET Estimated value $2,175,000
    Commercial real estate

    9691 82nd Ave, Happy Valley, OR 97086-3726

    0.57 ac lot Built 1981
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US71-0667385
    Property summary
    AI-generated overview

    This exceptional 10,788 square foot retail storefront, located at 9691 SE 82nd Ave in Happy Valley, Oregon, presents a compelling owner-user investment opportunity. Built in 1981, this Class B, two-story building sits on a substantial 32,143 square foot lot, providing ample off-street parking. The property boasts prominent signage and convenient access to I-205, enhancing visibility and accessibility. Its strategic location is further complemented by service from TriMet bus line 72. The building features a single tenancy and is zoned Corridor Commercial. Driveways provide access from both SE 82nd Ave and SE 81st Ave. The asking price is $2,400,000, translating to $222.47 per square foot. This presents a rare chance to acquire a well-situated retail property with significant potential in the thriving Happy Valley market. The property's size and location make it ideal for a variety of retail uses. Consider this prime opportunity to own and operate a successful business in a high-traffic area. The substantial lot size offers flexibility for future expansion or development. Don't miss this chance to secure a valuable asset in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1981
    Lot 0.57 ac (24,743 SF)
    Zoning code CC
    APN 12E29DA11900
    UPID US71-0667385
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cascade Cigar & Tobacco (Bike/Boat/Book/etc) Store
    • Birrieria Carlos Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.18M
    Owner & transaction history
    Sanyue Garden LLC
    Sanyue Garden LLC
    since 2026
    Last sale
    $2.2M
    7 recorded transactions
    2026
    $2.2M
    2018
    1997
    $805,000
    1969
    1969
    1969
    1969
    Zoning & alternative use
    CC · Happy Valley, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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