4720 Cleveland Rd

229,996 / 5.28
Lot Size / Acres

Description

Prime 5.28-Acre Development or Private Estate Opportunity - Cleveland Road, Smithfield, NC
Welcome to 4720 Cleveland Road, a rare 5.28-acre tract offering a unique blend of privacy, flexibility, and prime location in one of Johnston County's fastest-growing corridors. Whether you envision a private dream home sanctuary, a thoughtfully planned residential community, multifamily development, or general business use, this property delivers exceptional versatility. Enjoy the serenity of acreage living
...Prime 5.28-Acre Development or Private Estate Opportunity - Cleveland Road, Smithfield, NC
Welcome to 4720 Cleveland Road, a rare 5.28-acre tract offering a unique blend of privacy, flexibility, and prime location in one of Johnston County's fastest-growing corridors. Whether you envision a private dream home sanctuary, a thoughtfully planned residential community, multifamily development, or general business use, this property delivers exceptional versatility. Enjoy the serenity of acreage living while remaining just 7 minutes from Downtown Clayton and 10 minutes from Downtown Raleigh, perfectly positioning this site between two of the Triangle's most dynamic markets. With quick access to I-40 and I-540, the property provides seamless connectivity to Raleigh, Garner, RTP, and beyond — ideal for commuters, residents, and future tenants alike. For builders and developers, this site presents a highly attractive opportunity with strong market demand, surrounding residential growth, and expanding commercial activity supporting long-term value. The acreage, location, and zoning flexibility allow for efficient site planning, multiple product types, and the ability to respond to today's buyer and renter preferences. For an end user, this property is equally compelling as a private estate or luxury homestead, offering the rare opportunity to create a secluded retreat while remaining close to top schools, shopping, dining, and employment centers. Whether you envision a single-family community, a private luxury residence, a multifamily project, or a mixed-use/business concept, this versatile acreage delivers location, scale, and growth potential in one powerful package. Highlights:
5.28 acres on Cleveland Road
Ideal for a private dream home sanctuary or development
Minutes to Downtown Raleigh & Clayton
Easy access to I-40 & I-540
Strong surrounding growth and demand
Residential, multifamily, or general business potential
High-growth, high-demand market
  1. Listed by L. Calvin Ramsey • Ramsey Realtors Team Inc

Property Details for 4720 Cleveland Road

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 01/26/2026 04:11 PM

Property Details for 4720 Cleveland Road

StatusActive
MLS #10143098
Days on Market2
Taxes$1,165 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size5.28 AC
CountyJohnston County

Location

Listing Courtesy of Ramsey Realtors Team Inc
Add your commute

Building Information for 4720 Cleveland Road

Lot Size5.28 AC

Payment Calculator

$2,780 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,683

Property Taxes

$97

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4720 Cleveland Road

Summary
Location and General Information
  • Zoning: RAG
  • Directions: I-40 to exit Cleveland Road
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.548344
  • Longitude: -78.459425
  • Road Frontage Type: State Road, 2 Lane Road, Public Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association Fee Includes: None
  • Association: No
  • Tax Annual Amount: $1,165.10
  • City Limits YN: No
  • Lot Number: 0
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Johnston - Polenta
  • Middle Or Junior School: Johnston - Swift Creek
  • High School: Johnston - Cleveland
Property
Lot Information
  • Lot Size Dimensions: 315 x 513 x 495 x 260 x 198 x 205
  • Other Structures: None
  • Parcel Number: 06H06014T
  • List PriceAcre: 104250
  • Road Frontage Length: 315
Property and Assessments
  • Photos Count: 9
  • Possible Use: Commercial, Development, Horses, Investment, Medical/Dental, Multi-Family, Residential, See Remarks
  • Below Grade Finished Area Units: Square Feet
  • Community Features: None
  • Current Use: Unimproved
  • Senior Community: No
Utilities
  • Sewer: Public Sewer, Septic Needed
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Septic Needed, Cable Available, Electricity Available, Phone Available, Water Available
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Private: No
Interior Features
  • Interior: Cable Available, Electricity Available, Phone Available, Water Available
  • Additional Equipment: None
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 4720 Cleveland Road

DateEvent & SourcePriceAppreciation
Jan 25, 2026

Listed (Active)

TRIANGLEMLS #10143098

$550,440
Jun 6, 2023

Sold

AMLS #2497496

$180,000
Jun 6, 2023

Sold

TRIANGLEMLS #2497496

$180,000
Jun 6, 2023

Sold

TRIANGLEMLS #2497496

$180,000
May 30, 2023

Sold (Public Record)

Public Record #1512356910

$180,000
Apr 23, 2023

Pending

TRIANGLEMLS #2497496

Mar 27, 2023

Price Change

TRIANGLEMLS #2497496

$209,900
Mar 2, 2023

Listed (Active)

TRIANGLEMLS #2497496

$219,900
Mar 2, 2023

Listed (Active)

AMLS #2497496

$219,900
Mar 2, 2023

Listed (Active)

TRIANGLEMLS #2497496

$219,900
DateEvent & SourcePrice
01/25/2026

Listed (Active)

TRIANGLEMLS #10143098

$550,440
06/06/2023

Sold

AMLS #2497496

$180,000
06/06/2023

Sold

TRIANGLEMLS #2497496

$180,000
06/06/2023

Sold

TRIANGLEMLS #2497496

$180,000
05/30/2023

Sold (Public Record)

Public Record #1512356910

$180,000
04/23/2023

Pending

TRIANGLEMLS #2497496

03/27/2023

Price Change

TRIANGLEMLS #2497496

$209,900
03/02/2023

Listed (Active)

TRIANGLEMLS #2497496

$219,900
03/02/2023

Listed (Active)

AMLS #2497496

$219,900
03/02/2023

Listed (Active)

TRIANGLEMLS #2497496

$219,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4720 Cleveland Road

Taxable ValueLand$183,480Additions-Total$183,480
Tax Record2025$1,165 ($97 / month)
Home Facts
Beds0Lot Size229,997 SqFtStyleMiscellaneous Vacant LandZoningRAGCountyJOHNSTONAPN06H06014T

Schools near 4720 Cleveland Road

This home is within Johnston County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Polenta Elementary
PublicPK to 5

Swift Creek Middle
Public6 to 8

Cleveland High School
Public9 to 12

JCPS Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

4720 Cleveland Road is a 5.28 ac of land for sale in Smithfield, NC 27577. This property was listed for sale on January 25, 2026 by Ramsey Realtors Team Inc, it's currently listed at $550,440. It has been on the market for a total of 2 days and was last sold on June 6, 2023. This listing's school district is Johnston County School District. Nearby schools include Polenta Elementary, Swift Creek Middle and Cleveland High School. 4720 Cleveland Road is a 0-bed, 0-bath, 5.28 ac of land on a 229,996 sq. ft. / 5.28 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ramsey Realtors Team Inc

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