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Land for Sale in Peterson Township, Iowa

4545 120th Ave, Peterson Township, IA 51047

$450,000
6.4 acres
Active sale
Est $2,512/mo

Clay County, Iowa Property for Sale - We are pleased to offer a unique rural improvement site located at 4545 120th Avenue, Peterson, Iowa. This 6.40-acre property features over 74,780 combined square feet of enclosed space and presents an outstanding opportunity for buyers seeking functional, existing infrastructure in a quiet country setting. Built in 1997, the property includes two large north-south-oriented barns, with the east barn measuring approximately 60' x 616' with two additions in 1997 and 2002, and the west barn measuring 56' x 616'. The barns feature concrete floors and approximately 16-foot ceilings, providing durable, low-maintenance surfaces and ample vertical clearance well-suited for equipment and machinery storage, a large agricultural or livestock facility, workshop or operational space, or potential redevelopment opportunities that align with today's rural-related demands. Located in southwest Clay County, the property offers the privacy and separation rural buyers appreciate, while still maintaining convenient access to nearby communities and major travel routes for day-to-day needs, grain and livestock markets, and business operations. The scale, layout, and construction of the existing improvements create a strong foundation for a buyer who values established structures that can be utilized as-is, enhanced over time, or adapted to meet evolving operational goals.

Sq feet

Location

Street address
4545 120th Ave
Zip code
51047
Community
Peterson
Elevation
1,423 feet
Coordinates
42.9889, -95.3491

Directions

From Peterson, Iowa: Head north for approximately 3 miles on County Highway M27 and turn left (west) onto 460th Street. Continue for 1 mile and turn right (north) onto 120th Avenue. Within 0.40 miles, the property will be on the west side of the road. Look for the Company sign.

Property details

Acreage
6.4 acres
Zoning
Ag
MLS #
DMAAR 733857
Posted

Property taxes

Recent
$2,552 - Exact legal description to be taken from Abstract.

Parcels

  • 943805400009

Listing history

DateEventPriceChangeSource
July 24, 2026Price increase$450,000$155,000 52.5%DMAAR
June 27, 2026Price drop$295,000$80,000 -21.3%Listing agent
Apr 2, 2026Price drop$375,000$75,000 -16.7%Listing agent
Feb 4, 2026New listing$450,000DMAAR
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This 6.4-acre property is located at 4545 120th Ave in Peterson Township, IA 51047. The property is available for sale, priced at $450,000. It has a structure.

Listed by Peoples Company, (515) 771-7588

Checked 2 hours agoUpdated Source

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