Happy Valley, OR
Commercial Real Estate Market Trends & Data

$357 Avg asking sale price
$28 Avg asking lease rate
7,296 SF Avg unit lease size
6,282 SF Avg building size for sale
6.90% Average cap rate

Happy Valley's Demographic Profile

Happy Valley has 7,692 households and a median income of $132,573, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 23,711
# Households 7,692
Median age 41
Median household income $132,573
Avg household size 3.0
Renter-occupied housing units 1,476
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Happy Valley, OR

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Clackamas $157 94,122 SF 6.40%
Milwaukie $225 18,889 SF 6.20%
Oak Grove $272 11,163 SF 6.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Happy Valley $388 6,898 SF
Carver $605 6,129 SF
Clackamas $605 6,129 SF
Gladstone $368 14,840 SF
Milwaukie $521 5,936 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Milwaukie $280 15,243 SF 6.69%
Rockwood $171 24,318 SF 7.78%
Oregon City $189 12,467 SF 6.25%

Commercial Properties For Sale in Happy Valley

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Damascus Development Land

Damascus, OR 97089

  • 3.15 AC Lot
  • 1 Commercial Lot
  • $2,375,000
For Sale

Car Toys

Portland, OR 97222

  • 6,898 SF Retail Building
  • 7.45% Cap Rate
  • $2,200,000
For Sale

4011 SW Royal Ave

Gresham, OR 97080

  • 5,151 SF Specialty
  • $1,229,000
For Sale

Commercial/Retail land

Clackamas, OR 97086

  • 3.20 AC Lot
  • 1 Commercial Lot
  • $3,900,000
For Sale

Freeway-Proximate Infill Development Site

Clackamas, OR 97015

  • 1.51 AC Lot
  • 1 Residential Income Lot
  • $1,300,000
For Sale

9155 SE Sunnyside Rd

Happy Valley, OR 97015

  • 1.96 AC Lot
  • 1 Commercial Lot
  • $5,500,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Happy Valley pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Happy Valley $357 6,282 SF
Carver $397 12,122 SF
Clackamas $305 46,686 SF
Damascus $239 5,151 SF
Gladstone $372 12,390 SF

Regional Demographic Comparison

This comparison places Happy Valley alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Happy Valley or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Happy Valley 23,711 7,692 41 $132,573 3 1,476 3%
Carver 25,002 9,082 39 $84,549 3 3,655 3%
Clackamas 72,704 25,776 40 $98,235 3 8,655 3%
Damascus 10,523 3,496 44 $114,243 3 398 2%
Gladstone 11,994 4,685 42 $90,028 3 1,807 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Happy Valley, OR and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Happy Valley

View All Commercial Real Estate For Sale in Happy Valley
Is Happy Valley a good market for a first-time commercial real estate investor?

Happy Valley offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Happy Valley?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Happy Valley. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Happy Valley?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Happy Valley. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Happy Valley compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Happy Valley. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Happy Valley acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Happy Valley, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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