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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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10022 SE 172nd Ave , Happy Valley, OR 97086
$3,000,000
Est. Payment: $15,084.50/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 1406
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Evan Zener , 503-208-5298 RE/MAX Equity Group , 503-287-8989. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
6.06

County

Clackamas

Area

145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Listing ID

22064396

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Gentle Sloping,Level,Brush,Cleared,Stream,Trees
Zoning:MCC, M2
Principal Interest
$15,085
Taxes
$319

Home Price

$3,000,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$600,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,084.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,084.50 $319.25 $0.00 $15,403.75
Yearly $181,014.02 $3,831.00 $0.00 $184,845.02
Total $5,430,420.57 $114,930.00 $0.00 $5,545,350.57

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Happy Valley, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-07-24T03:19:25.000Z

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