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SE Highway 212 7.57 Acres of Residential Land Offered at $4,686,050 CAD in Damascus, OR 97089

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INVESTMENT HIGHLIGHTS

  • Property right off Hwy 212 in Happy Valley
  • Inside Urban Grown Boundary
  • Flat Topography

EXECUTIVE SUMMARY

*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 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.
*Request a Buyer information package (including development package) from Admin@BradleyKingCRE.com.
*Contact Bradley to schedule a showing with 24 hours’ notice and with any questions you may have.
* Seller prefers Escrow: WFG National Title - Tonya Pierce
*Send all offers to both King@KWcommercial.com and Admin@BradleyKingCRE.com.

ATTACHMENTS

Offer Memorandum

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $4,686,050 CAD
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Single Family Development
  • Agricultural
Total Lot Size 7.57 AC
Zoning R5

1 LOT AVAILABLE

Lot

Price $4,686,050 CAD
Price Per AC $619,029.00 CAD
Lot Size 7.57 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00617611
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$9,361 CAD
Annual Taxes
-$8 CAD
Tax Year
2025
  • Listing ID: 38778378

  • Date on Market: 2025-12-15

  • Last Updated:

  • Address: SE Highway 212, Damascus, OR 97089

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