About 11245 Se 172nd Ave
Positioned directly on high-visibility SE 172nd Avenue at a prominent roundabout in the heart of Happy Valley’s fastest-growing corridor, this CCC – Community Commercial Center District zoned property offers a rare blend of immediate income and long-term redevelopment upside. The site is currently stabilized with a rented single-family home, along with additional barn and shop improvements that generate holding value while plans are evaluated. Surrounded by new multifamily housing, residential subdivisions, and ongoing corridor intensification, the property sits within an area actively transitioning toward higher-density, mixed-use development supported by major public investment in 172nd Avenue infrastructure and long-term city planning for community-scale commercial and urban center growth. With strong frontage exposure, flexible CCC zoning that supports commercial, mixed-use, and potential higher-density residential concepts (subject to approvals), and exceptional strategic positioning at a key growth node, this is an ideal acquisition for a developer seeking both cash flow during entitlement and significant future upside in one of Happy Valley’s most active development corridors.
Features of 11245 Se 172nd Ave
| MLS® # | 515799283 |
|---|---|
| Price | $3,900,000 |
| Bathrooms | 0.00 |
| Acres | 3.20 |
| Type | Land |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 11245 Se 172nd Ave |
|---|---|
| Area | 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada |
| City | Happy Valley |
| County | Clackamas |
| State | OR |
| Zip Code | 97086 |
Amenities
| Utilities | Cable Available, Public Sewer, Electricity Connected, Natural Gas Connected, Septic Tank, Water Connected |
|---|---|
| View | City |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Public Road |
|---|
School Information
| Elementary | BeatriceCannady |
|---|---|
| Middle | Happy Valley |
| High | Clackamas |
Additional Information
| Date Listed | April 24th, 2026 |
|---|---|
| Days on Market | 149 |
| Zoning | CCC |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Ianos Realty |
|---|