Versatile 5.28-Acre Development
For Sale
$550,440
4720 Cleveland, Smithfield, NC 27577
5.28 acres ideal for residential, multifamily, or business development.
Property SizeContact for details
Lot Size5.28 Acres
Days on Market196
Property Features for 4720 Cleveland
General Information
Standard status
Active
Lot size
5.28 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$1,165
Listing Agency:
RAMSEY REALTORS TEAM INC
(919) 427-4328
Listed By:
L. CALVIN RAMSEY · License #139388
Source:
Corcoran
Added: Jan 26
Changed: Aug 8
Last Checked: Jul 15 at 11:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RAMSEY REALTORS TEAM INC
Investment Insights
Based on property information with market context.
This 5.28-acre tract on Cleveland Road in Smithfield, NC, offers a blend of privacy and a prime location. It is suitable for a private dream home, a residential community, multifamily development, or general business use. The property is located 7 minutes from Downtown Clayton and 10 minutes from Downtown Raleigh, offering connectivity to Raleigh, Garner, and RTP via I-40 and I-540. The site is attractive for builders and developers due to market demand, residential growth, and commercial activity. The acreage, location, and zoning flexibility allow for efficient site planning and multiple product types. It is also compelling as a private estate or luxury homestead, offering the opportunity to create a secluded retreat close to schools, shopping, dining, and employment centers. The acreage delivers location, scale, and growth potential.
Key Highlights
- 5.28‑acre tract suitable for a private estate or development
- Prime location: Just minutes from Downtown Clayton and Downtown Raleigh
- Easy access to I‑40 and I‑540, providing seamless connectivity
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 27577, NC
24,972
Population
10,744
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
82%
High-School Grad
103.7 sq mi
ZIP Area
241
Density / Sq Mi
$56,237
Median Household Income
$39,604
Median Earnings
$802
Median Rent
$230,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 5.28 acres ideal for residential, multifamily, or business development.
Where is this land located?
The property is located at 4720 Cleveland Smithfield, NC.
What is the asking price?
The asking price for this property is $550,440.
What are key features of this property?
This property features: 5.28‑acre tract suitable for a private estate or development; Prime location: Just minutes from Downtown Clayton and Downtown Raleigh; Easy access to I‑40 and I‑540, providing seamless connectivity
