$550,440
About this home
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
Property details
- MLS
- Doorify MLS
- MLS #
- 10143098
- Property type
- Unimproved Land
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 274
- On market date
- January 26, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 5.28 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 1,044
- Student:teacher ratio
- 14.9:1
- District
- Johnston County Public Schools
- Enrollment
- 689
- Student:teacher ratio
- 16.8:1
- District
- Johnston County Public Schools
- Enrollment
- 1,785
- Student:teacher ratio
- 18.0:1
- District
- Johnston County Public Schools
Walkability
Blended score for Smithfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Smithfield, from live MLS data.
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated July 18, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.