Rare opportunity to acquire approximately 5 acres in the path of Happy Valley's continued growth! Located near the corner of SE 172nd Ave and SE Troge Rd in the Pleasant Valley area, this unique property offers exciting residential development potential at an exceptional price point. Happy Valley's planning framework for the surrounding area includes urban residential development, with a variety of housing types possible depending on the property's applicable zoning and development approvals. Portions of the acreage are affected by mapped natural-resource and environmental constraints, creating an opportunity to thoughtfully concentrate development within the site's usable areas while incorporating the property's natural features and open space into the overall design. Significant public investment is underway nearby, including major improvements to the SE 172nd Ave corridor and expanding infrastructure supporting continued residential growth throughout Pleasant Valley. Explore the possibilities for detached homes, middle housing, townhomes or other residential development consistent with applicable zoning and City approval. Offered at $399,950. Buyer to perform all due diligence regarding zoning, density, environmental overlays, utilities, access, right-of-way, infrastructure and development feasibility.
Listing courtesy of John L. Scott Portland Central.
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