10022 SE 172nd Ave, Happy Valley, OR 97086

$3,000,000

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Property 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.

10022 SE 172nd Ave | MLS# 22064396

This land located at 10022 SE 172nd Ave, Happy Valley, OR 97086 is currently listed for sale with an asking price of $3,000,000. The property has approximately 6.06 Acres. Search Happy Valley real estate on drueripp.bendpremierrealestate.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 6.06 Acres
Taxes: $3,831

Feature Descriptions

Days on Site: 1391
Lot: Brush, Cleared, Stream, Trees
Number Of Lots Total: 1
Present Use: Commercial, MultiFamily
Road Surface: Gravel
Special View Info: Creek/Stream, Trees/Woods, Valley
Utilities: Electricity Available, Phone Available, PublicSewer, Water Available

Local Schools

High School: Centennial
Middle School: Centennial
Elementary School: Pleasant Valley

Listed By / Shown By

Listed By

Agency Name: RE/MAX EQUITY GROUP
Agency Contact: evan@metrolandpro.com

Shown By

Agent Name: Drue Ripp, Broker
Agent Phone: Cell: (541) 668-0339
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 16,363.88 per month $15,169.63 Principal & Interest $319.25 Property Tax $875.00 Homeowner's Insurance

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