About This Home

This land at 10022 SE 172ND Ave in Happyvalley, OR is listed for $3,000,000 (6.06 acres).

Key Features

  • 6.06 acre lot

Amenities

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Listing Description

This 6.06-acre parcel (Tax ID #00137765) is split-zoned Mixed Commercial Center (MCC, ~4 acres) and Mixed Use Residential-Multifamily (MUR-M2, 25-34 units per acre, ~2 acres), offering a buyer two paths: a mixed-use commercial/residential development consistent with the current split zoning, or rezoning the commercial portion to MUR-M2 through a Type III zone change to bring the entire site under MUR-M2 designation.

The City is advancing its own commercial development to the south and has signaled it would not want this site competing with that effort - as a result, City staff have indicated willingness to support a zone change eliminating the commercial designation here in favor of multifamily.

A prior development team took a 184-unit mixed-use concept through a full City Pre-Application Conference in 2024, so the planning groundwork and the City's disposition toward a rezone are already established for an incoming buyer. The site is level, with approximately +/-300 feet of frontage on SE 172nd Avenue and access aligning to SE Huckleberry Street.

An intermittent creek runs through the back (northeast) corner of the property, affecting roughly one acre between the waterway and its required buffers. A wetland determination identified a few additional wetland areas approximately 0.14 acres on-site, all minor and addressable through standard mitigation. The home is tenant-occupied - ALTA survey, wetland reports, and all City pre-application materials are available.

Location

10022 SE 172ND Ave

Happyvalley, OR 97086

Property Details

Views

Valley

Questions & Answers

This 0-bedroom, 0-bathroom land at 10022 SE 172ND Ave is listed at $3,000,000. The estimated monthly payment is $16,045 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 6.06 acre lot.

This property is listed by Evan Zener and can be reached at 5032085298.

EZ

Evan Zener

Agent at RE/MAX Equity Group

(503) 208-5298

Listed by RE/MAX Equity Group · View on Broker Site

MLS# 22064396· Source: listhub· 1387 days on market

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10022 SE 172ND Ave, Happyvalley, OR 97086

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