Land SE 172nd Ave
Land | 9.768 acres
Marketing description
The Gateway to Growth on SE 172nd Avenue
Rarely do you find nearly 10 acres of untouched potential in one of the Pacific Northwest’s fastest-growing submarkets. Situated on the high-traffic corridor of SE 172nd Ave, this property offers a unique blend of natural beauty and heavy-hitting development versatility. Whether you are looking to plant a corporate flag, build a retail powerhouse, or pivot to a high-density residential community, the canvas here is wide open.
Property Highlights
- Size: 9.7 Wooded Acres
- Location: SE 172nd Ave, Happy Valley, OR (Directly adjacent to Mr. Tree Landscape Supplies)
- Environmental: Clean Phase I Environmental Study already completed
- Topography: Flat and wooded, offering natural screening or a premium "timbered" feel if desired.
Unmatched Zoning Versatility: Employment Center (EC)
The current EC (Employment Center) zoning is an extremely flexible land designation. It is designed to foster economic hubs, allowing for a massive range of uses:
- Industrial & Manufacturing: Perfect for light industrial or "flex" space.
- Commercial & Retail: Capitalize on the exploding residential population in the immediate vicinity.
- Mixed-Use: Combine professional office space with ground-floor retail.
Alternative Use: While currently zoned for employment, this parcel sits in a primary growth path for residential expansion. A conversion to Single-Family or Multi-Family residential zoning is highly feasible, providing a seamless path for a developer looking to meet the insatiable housing demand in Happy Valley.
Location & Connectivity
Happy Valley is becoming a destination. This site benefits from:
- High Visibility: Frontage on SE 172nd Ave, a major north-south arterial.
- Strategic Neighbors: Located next to Mr. Tree, you have an established commercial neighbor and excellent proximity to Sunnyside Road and Highway 212.
- Clean Slate: The Clean Phase I Environmental Study means you are jumping straight to the "what can I build?" phase rather than the "what are the problems?" phase.
Investment highlights
Why Locate a Business in Happy Valley?
1. Favorable Demographics (High Disposable Income) For retail, medical, or professional services, the math in Happy Valley is compelling. The city has one of the highest median household incomes in the state. Target Market: You are surrounding your business with a demographic that has significant purchasing power and a preference for local, high-quality services.
2. The SE 172nd Ave Corridor Growth Thousands of new rooftops are being added to the east and south. As a business, you aren't just serving current residents; you are "future-proofing" your location as the residential density continues to push outward.
3. Business-Friendly Zoning (EC - Employment Center) The City of Happy Valley specifically designed the Employment Center zoning to attract diverse industries.
- Flexibility: Unlike strict industrial zones, EC zoning allows for a "campus" feel. A business can have its headquarters, a small manufacturing wing, and a retail showroom all on the same site.
- Proximity to Labor: Being located in a high-demand residential area means your employees likely live nearby, reducing commute times and increasing employee retention—a major selling point in the current labor market.
4. Strategic Logistics
- Access: Happy Valley provides quick access to I-205, which connects directly to the Portland International Airport (PDX) to the north and the I-5 corridor to the south. This is vital for businesses involved in distribution, light manufacturing, or those that require frequent travel.
Why Build Residential in Happy Valley?
1. Premier Natural Amenities & Recreation The city is defined by its topography and outdoor access. Residents often cite the "recreational lifestyle" as a primary draw:
- Hidden Falls Nature Park: A centerpiece of the local trail system featuring a stunning 20-foot waterfall and paved multi-use trails.
- Mount Talbert Nature Park: Offers miles of hiking trails and some of the best views in the region.
- Hood to Coast Proximity: You are positioned perfectly for weekend trips to Mt. Hood for skiing or the Oregon Coast, while remaining within 20-30 minutes of downtown Portland.
2. High-End Infrastructure and Schools Happy Valley is known for being "new." Much of the infrastructure—from the roads to the shopping centers—has been built in the last two decades.
- Top-Tier Education: The area is served by the North Clackamas School District, with schools like Adrienne C. Nelson High School being brand new, state-of-the-art facilities.
- Safety and Community: It consistently ranks as one of the safest cities in Oregon, which supports high property values and a family-oriented atmosphere.
3. Modern Retail Hubs You don’t have to "go into town" for premium services.
- Happy Valley Town Center: Features high-end grocery options (New Seasons Market), boutique fitness studios, and popular local dining.
- The Food Cart Station: One of the largest and most popular food cart pods in the region, acting as a social hub for the community.
Someone lives in Happy Valley because they want the "Executive Suburb" experience—safety, great schools, and nature. A person locates their business there to follow the money and the growth, securing a spot in a corridor where the population is exploding and the competition hasn't yet caught up to the demand.
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