New Listing

Clay County, IA
6.40 Acres M/L

4545 120th Avenue
Peterson, IA 51047

Price	$450,000
Listing	#19105

Land Agent

Doug Bear, ALC

Office: 515.222.1347
Mobile: 515.745.3192
Doug.Bear@PeoplesCompany.com

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Senior Land Agent

Andrew Zellmer, ALC

Office: 515.222.1347
Mobile: 712.898.5913
AndrewZ@PeoplesCompany.com

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Property Info

Description

Clay County, Iowa Property for Sale – Peoples Company is 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. Current utilities include rural water service through Clay County Rural Water District and electricity service through North West REC, further strengthening the property’s overall functionality and appeal.

Whether you are looking to support an existing farm operation, expand your storage and operational footprint, or secure a rural location with substantial improvements already in place, this is a compelling opportunity in an area known for its strong agricultural presence and long-term stability.

Legal Description

6.40 gross acres located in Section Five (5), Township Ninety-four (94) North, Range Thirty-eight (38) West of the 5th PM, Clay County, Iowa. Exact legal description to be taken from Abstract.

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 Peoples Company sign.

Sign On Property: Yes
MLS Number: 733857
Parcel Number: 943805400009
School District: Sioux Central Community School District
General Area: North of Peterson, Iowa; Southwest of Royal, Iowa
Gross Taxes: $2,552.00
CSR2: 94.9
Water: Clay County Rural Water District
Zoning: Agriculture

Additional Info

**The 3-bedroom, 2-bath mobile home, built in 2008, and the electric generator are not included.

Interactive Map

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