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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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4720 Cleveland Rd , Smithfield, NC 27577
$550,440
Est. Payment: $2,819.62/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 173
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House 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

Highlights

Listed by L. Calvin Ramsey , 919-573-4550 Ramsey Realtors Team Inc , 919-427-4328. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
5.28

County

Johnston

Neighborhood

Not in a Subdivision

Listing ID

10143098

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot Dimensions:315 x 513 x 495 x 260 x 198 x 205
Zoning:RAG
Sewer:Public Sewer,Septic Needed
Principal Interest
$2,820
Taxes
$97

Home Price

$550,440

Loan Details

30 yrs
6.625%

Down Payment

20%
$110,088
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,819.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,819.62 $97.09 $0.00 $2,916.71
Yearly $33,835.47 $1,165.10 $0.00 $35,000.57
Total $1,015,063.96 $34,953.00 $0.00 $1,050,016.96

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Smithfield, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T15:38:14.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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