Active
229,996 Lot Size5.28 Acres

4720 Cleveland Rd, Smithfield, NC 27577

Est: $3,036/moGet pre-approved
LandProperty Type
5.28 acresLot Size

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
255 days on Market
  • Listed by: L. Calvin Ramsey 919.573.4550 ramseyrealtors@ramseyrealtors.com Brokerage DRE #C19226 • Ramsey Realtors Team Inc
Last updated: 07/17/2026 10:17 PM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10143098
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Location

Listing Courtesy of Ramsey Realtors Team Inc
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Payment Calculator

$3,036 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,939

Property Taxes

$97

HOA Dues

$0

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Property Information for 4720 Cleveland Road

Property Details

  • Taxes: $1,165 / year
  • MLS Type: Land / Unimproved Land
  • Zoning Description: RAG
  • Waterfront Features: None
  • Subdivision: Not in a Subdivision

Building Information

  • Lot Size: 5.28 AC

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, Public Road, 2 Lane Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association Fee Includes: None
  • Association: No
  • Tax Annual Amount: $1,165.10
  • Has City Limits: No
  • Has Restrictive Covenants: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Johnston - Polenta Elementary
  • Middle Or Junior School: Johnston - Swift Creek Middle School
  • High School: Johnston - Cleveland High School

Property

Lot Information
  • Lot Size Dimensions: 315x513x495x260x198x205
  • Other Structures: None
  • Parcel Number: 06H06014T
  • List PriceAcre: 104250.0
  • Road Frontage Length: 315
Property and Assessments
  • Possible Use: Commercial, Development, Horses, Investment, Medical/Dental, Multi-Family, Residential, See Remarks
  • 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

Interior and Exterior Features

Exterior Features
  • Fencing: None
Interior Features
  • Additional Equipment: None

Property History for 4720 Cleveland Road

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10143098

$550,440—
Jun 6, 2023

Sold

AMLS #2497496

$180,000—
Jun 6, 2023

Sold

Doorify MLS (fka Triangle MLS) #2497496

$180,000—
DateEvent & SourcePrice
01/26/2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10143098

$550,440
06/06/2023

Sold

AMLS #2497496

$180,000
06/06/2023

Sold

Doorify MLS (fka Triangle MLS) #2497496

$180,000

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

Public Records for 4720 Cleveland Road

Taxable Value

Land

$183,480

Additions

-
Total$183,480

Tax Record

2026

$1,147 ($96 / month)

Home Facts

Beds

0

Lot Size

229,997 SqFt

Style

Miscellaneous Vacant Land

Zoning

RAG

County

JOHNSTON

APN

06H06014T

Schools near 4720 Cleveland Road

This home is within Johnston County School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Choice Plus Academy
PublicK to 12

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.

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4720 Cleveland Road is a 5.28 ac of land for sale in Smithfield, NC 27577. This property was listed for sale on January 26, 2026 by Ramsey Realtors Team Inc, it's currently listed at $550,440. It has been on the market for a total of 255 days and was last sold on June 6, 2023. This listing's school district is Johnston County School District. Nearby schools include Choice Plus Academy, 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ramsey Realtors Team Inc

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.