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5703 Hamlet Ave 12.5 Acres of Industrial Land Offered at $2,248,269 CAD in Cleveland, OH 44127
Investment Highlights
- Located near Norfolk Southern rail line with possible access
- Great access via I-77, I-490, I-90 , I-71 & I-480. Located just 2 miles southeast of Downtown Cleveland
Executive Summary
This site is uniquely located near downtown Cleveland with easy access to major interstates (1.2 miles to I-490; 2 miles to I-77; 4 miles to I-71; 4 miles to I-90) and Opportunity Corridor (1.2 miles). The property is zoned Residence Industry (R1-B1) and is located adjacent to a historically heavy industrial area. The site offers a rare opportunity to acquire prime vacant land in a market with tight supply
Property Facts
| Price | $2,248,269 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Total Lot Size | 12.50 AC |
| Zoning | R1-B1 - Residence Industry (R1-B1) | ||
| Price | $2,248,269 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Total Lot Size | 12.50 AC |
| Zoning | R1-B1 - Residence Industry (R1-B1) |
1 Lot Available
Lot
| Price | $2,248,269 CAD | Lot Size | 12.50 AC |
| Price Per AC | $179,861.51 CAD |
| Price | $2,248,269 CAD |
| Price Per AC | $179,861.51 CAD |
| Lot Size | 12.50 AC |
12.5 acres of infill industrial land is available for sale in Cleveland. Site was the home of a BP oil refinery for many years. All facilities have been razed and extensive environmental remediation has been completed
Description
Vacant, industrial land located along active rail line with possible access.
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 125-29-001 | Improvements Assessment | $15,067 CAD |
| Land Assessment | $135,461 CAD | Total Assessment | $150,528 CAD |
Property Taxes
Parcel Number
125-29-001
Land Assessment
$135,461 CAD
Improvements Assessment
$15,067 CAD
Total Assessment
$150,528 CAD
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5703 Hamlet Ave
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