Jennifer Henrikson

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Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 523338612MLS ProviderContact Information: 503-313-8262

0 SE Hwy 212Happy Valley, OR 97089

Vacant Land · 7.57 Acres
$2,399,000 Active

0 SE Hwy 212 Overview

Time on Site:
200 days
Visits:
22

This prime 7.57-acre vacant land parcel, previously utilized as a nursery, is strategically located off Clackamas Highway (212) within the Oregon Urban Growth Boundary (UGB). The flat site holds an R5 (Residential ' 5,000 SQFT) zoning designation, allowing for development of up to approximately 49 single-family (attached/detached) or duplex units, assuming a standard 25% infrastructure dedication. (From initial due diligence) Power is available along the highway frontage. Sewer is available at the approximately 3,000 feet away. Its flat topography and access via Highway 212 (ingress/egress managed by ODOT) make it a future buildable prospect for developers targeting the high-demand Happy Valley & Clackamas County residential market, with a current covered land play.

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0 SE Hwy 212 Facts & Features

  • Type Vacant Land
  • Lot 7.57 Acres

Details

General

School Information

  • Elementary School: Other
  • Middle Or Junior School: Other
  • High School: Other

Business Information

  • Current Use: Agricultural

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 145 - Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada

Tax Information

  • Tax Annual Amount: 123.02
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: 00617611
  • Property Sub Type: Residential/Recreational
  • Property Type: Land
  • Zoning: R5

Interior

Exterior

Lot Information

  • Lot Features: Flag Lot
  • Lot Size Acres: 7.57
  • Lot Size Square Feet: 329749.0
  • Number Of Lots: 1

General Information

  • Utilities: None

0 SE Hwy 212 Neighborhood

Community

97089 (DAMASCUS) Demographics

43
Median Age
627
Population Density (per sq. mile)
40%
College Educated
$98,031
Estimated Median Income
4,215
Estimated Total Home Owners
347
Estimated Total Renters
92% / 8%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0 SE Hwy 212 Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0 SE Hwy 212 Market Data

Based on the last 30 days in this zip code

$791,866
Average List Price
$320
Average Price per Square Foot
11
Properties Sold
80
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

0 SE Hwy 212 History

Date Event Value Agent
2/20/2026Source: Regional MLS Price Reduction
$2,399,000 -29.6%
12/12/2025Source: Regional MLS Added to Database
December 12, 2025