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Lot/land
  • $550,440

    4720 Cleveland Rd, Smithfield, NC 27577

    --beds
    --baths
    5.28Acres
    Unimproved Land, Land
    Built in ----
    5.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    10 days
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    180
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    5
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    Zillow last checked: 8 hours ago

    Listing updated: January 26, 2026 at 01:11pm

    Listed by:

    L. Calvin Ramsey 919-573-4550,

    Ramsey Realtors Team Inc

    Source: Doorify MLS,MLS#: 10143098MLS Logo

    Facts & features

    Property

    Features
    • Fencing: None
    • Has view: Yes
    Lot
    • Size: 5.28 Acres
    • Dimensions: 315 x 513 x 495 x 260 x 198 x 205
    Details
    • Additional structures: None
    • Parcel number: 06H06014T
    • Zoning: RAG
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Sewer, Septic Needed
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available

    Community & HOA

    Community
    • Features: None
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: No
    • Services included: None
    Location
    • Region: Smithfield

    Financial & listing details

    • Tax assessed value: $183,480
    • Annual tax amount: $1,165
    • Date on market: 1/26/2026
    • Road surface type: Asphalt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,991/mo

    Price history

    Price history
    DateEventPrice
    1/26/2026Listed for sale$550,440+205.8%
    Source: Doorify MLS #10143098 Report a problem
    6/6/2023Sold$180,000-14.2%
    Source: Public Record Report a problem
    4/26/2023Pending sale$209,900
    Source: Long & Foster Broker Feed #2497496 Report a problem
    3/28/2023Price change$209,900-4.5%
    Source: Long & Foster Broker Feed #2497496 Report a problem
    3/3/2023Listed for sale$219,900
    Source: Long & Foster Broker Feed #2497496 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$1,165 +96%$183,480 +150%
    2024$594 +19.9%$73,390 +14%
    2023$496 $64,380

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 27577

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Johnston - Polenta
    • Middle: Johnston - Swift Creek
    • High: Johnston - Cleveland

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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