5703 Hamlet Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

5703 Hamlet Avenue

Cleveland, OH 44127
Asking Price
$1.63M
Asset Type
Land
Class
Class B

What's Special

5703 Hamlet Avenue is an infill land parcel located in the Broadway-Slavic Village neighborhood of Cleveland, Ohio. The property is situated in a residential and light industrial mixed-use area, offering proximity to local amenities along Broadway Avenue and Fleet Avenue. The location provides efficient logistical access to the regional highway network, positioned less than one mile from the I-77 interchange and approximately three miles south of the Cleveland Central Business District. Public transit options are available via nearby Greater Cleveland Regional Transit Authority (RTA) bus routes. The site is suited for light industrial development, equipment storage, or small-scale commercial construction consistent with local zoning regulations. Potential occupants include local service contractors, landscaping firms, or logistics providers seeking a satellite yard near the city core. The property’s footprint and neighborhood context favor an owner-user or a tenant requiring a compact perimeter-secured site for vehicle parking or inventory staging. The asset offers a functional solution for businesses requiring immediate proximity to the downtown markets and major transit corridors.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
4.92%
DSCR
0.83
Underwater
Cash-on-Cash
-3.38%
Monthly Payment
$8,039.613
Annual Cash Flow
$-16,475.36

Location & Travel Times