The Gateway to Growth on SE 172nd Avenue Opportunities like this are rare. Nearly 10 acres of untapped potential in one of the Pacific Northwest’s fastest-growing submarkets. Positioned along the high-traffic SE 172nd Ave corridor, this property delivers visibility, flexibility, and long-term upside.Whether you're looking to establish a commercial presence, develop retail, or build a high-density residential community, this site gives you room to execute.Property Highlights Size: 9.7 wooded acres Location: SE 172nd Ave, Happy Valley, OR, adjacent to Mr. Tree Landscape Supply Environmental: Clean Phase I Environmental Study completed Topography: Flat and wooded, offering natural screening or a premium timbered feelZoning: Employment Center (EC)Flexible zoning supporting a wide range of uses:• Light industrial and flex space• Commercial and retail development• Mixed-use with office and ground-floor retail Located within a key growth corridor, the property also presents strong potential for future residential conversion, including single-family or multi-family development, aligning with continued housing demand in Happy Valley.Location and Connectivity• Frontage on SE 172nd Ave, a major north-south arterial• Close to Sunnyside Rd and Highway 212• Established neighboring businesses, including Mr. Tree Landscape Supply• Surrounded by ongoing residential growth Clean Slate Opportunity With a completed Phase I Environmental Study, you can move directly into planning and development with confidence. Buyer to do their own due diligence with City and County.
Active
$2,500,000
172 Southeast Ave, Happy Valley, OR 97086
--beds
0baths
9.77Acres
Unimproved Land
Built in ----
9.77 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 95 days |
- 42 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Joe Battaglia 503-784-7290,
Windermere Realty Trust,
Dylan McNerney 503-454-6822,
Windermere Realty Trust
Source: RMLS (OR),MLS#: 532937768
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Trees/Woods, Valley
Lot
- Size: 9.77 Acres
- Features: Trees, Wooded, Level, Acres 7 to 10
Details
- Parcel number: 00136454
- Zoning: EC
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Happy Valley
Financial & listing details
- Annual tax amount: $111
- Date on market: 4/3/2026
- Listing terms: Call Listing Agent
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Listed for sale | $2,500,000 |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/24/2019 | Listing removed | $2,650 |
Source: Owner Report a problem | ||
| 7/26/2019 | Price change | $2,650-5.4% |
Source: Owner Report a problem | ||
| 7/24/2019 | Listed for rent | $2,800 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97086
Nearby schools
GreatSchools rating
- 8/10Pleasant Valley Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Centennial Middle SchoolGrades: 6-8Distance: 3.2 mi
- 4/10Centennial High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Pleasant Valley
- Middle: Centennial
- High: Centennial
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Clackamas County
- Happy Valley
- 97086
- 172 Southeast Ave





