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17444-17900 SE Vogel Rd

2.91 Acres of Commercial Land Offered at £1,434,466 in Happy Valley, OR 97089

Investment Highlights

  • Across from very busy new Happy Valley Fred Meyer retail complex
  • Mixed use zoning
  • Very near new elementary school and adjacent to new retail and senior living developments

Executive Summary

**Remaining active lot is $1,833,300 with 2.91 acres. Entirely within the City of Happy Valley.** Zoned MUR M-2 (Mixed use) 25-34 units per acre allowed, and up to 65 feet high.
**8+ acres of new adjoining retail projects along 172nd which broke ground in 2019 including Gramor’s commercial retail center & The Springs Senior Living community.
**Value is in land development rather than the existing improvements on the land; The assemblage pricing reflects values of approved zoning as a result of the PVNC Comp Plan.
**For seller terms & conditions of sale, in addition to further details about the above info, please contact listing agents.
**PLEASE DO NOT DISTURB TENANTS or walk properties. **Call listing brokers to make showing appointment with at least 24-hour notice.

Property Facts

Price £1,434,466
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Hold For Development
  • Storefront, Retail or Office
Total Lot Size 2.91 AC

1 Lot Available

Lot 1

Price £1,434,466
Price Per AC £492,944
Lot Size 2.91 AC

3 AC of development land newly approved for high density! The available parcel lies immediately east of Happy Valley's commercial district, including Fred Meyer, senior living, restaurants, and a Trimet stop.

Description

**All lots are in the City of Happy Valley and are zoned MUR M-2 (Mixed use) 25-34 units per acre allowed, and up to 65 feet high. **10+ acres of new adjoining retail projects along 172nd which broke ground in 2019 including Gramor’s commercial retail center & The Springs Senior Living community. **Value is in land development rather than the existing improvements on the land; The assemblage pricing reflects values of planned zoning as a result of the PVNC Comp Plan. **For seller terms & conditions of sale, in addition to further details about the above info, please contact listing agent. **PLEASE DO NOT DISTURB TENANTS or walk properties. **Call Cameron Schwab to make showing appt with at least 24-hour notice. Properties ON MARKET 17444 SE Vogel Rd, Happy Valley, OR 97089 17750 SE Vogel Rd, Happy Valley, OR 97089

zoning

Zoning Code MUR M-2 (Mixed use - high density)
MUR M-2 (Mixed use - high density)
  • Listing ID: 13460375

  • Date on Market: 02/08/2018

  • Last Updated:

  • Address: 17444-17900 SE Vogel Rd, Happy Valley, OR 97089

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