4720 Cleveland Road,Smithfield, NC 27577
Smithfield, NC 27577
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 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
Details
| MLS # | 10143098 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 223 |
| Listing Provided By | Ramsey Realtors Team Inc | L. Calvin Ramsey |
Features
| Zoning | RAG |
|---|---|
| Acreage | 5.28 |
Exterior
| Lot Features | None |
|---|---|
| Community Features | None |
Location
| Community Features | None |
|---|
Utilities
| Utilities | Cable Available, Electricity Available, Phone Available, Water Available |
|---|---|
| Sewer | Public Sewer, Septic Needed |
Taxes
| Tax Assessed Value | 183480 |
|---|---|
| Tax Legal Description | Lot 3A Wright 97/427 |
| Tax Year | 2025 |
| Tax Map Number | 3A |
Area Information
| State | NC |
|---|---|
| County | Johnston |
| City | Smithfield |
| Zip Code | 27577 |
| Area | Johnston |
| Community Name | Not in a Subdivision |
| School District | Johnston - Cleveland High School |
| Elementary School | Johnston - Polenta Elementary |
| High School | Johnston - Cleveland High School |
| Listing VS Median (in Not in a Subdivision) | |
Price: $550,440 low | high Med: $395,000 On site: 223 low | high Med: 228 | |
Market Activity 27577
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Learn More About This Property
| State | NC |
|---|---|
| County | Johnston |
| City | Smithfield |
| Zip Code | 27577 |
| Area | Johnston |
| Community Name | Not in a Subdivision |
| School District | Johnston - Cleveland High School |
| Elementary School | Johnston - Polenta Elementary |
| High School | Johnston - Cleveland High School |
| Listing VS Median (in Not in a Subdivision) | |
Price: $550,440 low | high Med: $395,000 On site: 223 low | high Med: 228 | |
