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.
Lot/land
$295,000
4545 120th Ave, Peterson, IA 51047
--beds
0baths
6.4Acres
Unimproved Land
Built in ----
6.4 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two large north-south-oriented barnsQuiet country settingAmple vertical clearance
- 32 days
- 145
- 1
Zillow last checked:
Listed by:
Doug Bear,
Peoples Company
Source: REALSTACK,MLS#: 733857
Facts & features
Interior
Property
Lot
- Size: 6.4 Acres
Details
- Parcel number: 943805400009
Community & HOA
Location
- Region: Peterson
Financial & listing details
- Tax assessed value: $190,730
- Annual tax amount: $2,552
- Date on market: 8/5/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for sale | $295,000-34.4% |
Source: REALSTACK #733857 Report a problem | ||
| 8/1/2026 | Listing removed | $450,000+52.5% |
Source: | ||
| 6/26/2026 | Price change | $295,000-21.3% |
Source: REALSTACK #733857 Report a problem | ||
| 5/21/2026 | Price change | $375,000-16.7% |
Source: REALSTACK #733857 Report a problem | ||
| 2/4/2026 | Listed for sale | $450,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,552 -20.6% | $190,730 +13.4% |
| 2024 | $3,214 +21.5% | $168,200 -20.2% |
| 2023 | $2,646 +45.2% | $210,660 +44.9% |
| 2022 | $1,822 +3.5% | $145,370 +39.5% |
| 2021 | $1,760 | $104,194 +0.4% |
| 2020 | $1,760 +12.7% | $103,790 |
| 2019 | $1,562 +2.1% | $103,790 -14.3% |
| 2018 | $1,530 | $121,140 -17.5% |
| 2017 | $1,530 -6.6% | $146,750 |
| 2016 | $1,638 -23.3% | $146,750 -25.5% |
| 2015 | $2,136 | $197,090 -3.2% |
| 2014 | $2,136 -20.8% | $203,700 |
| 2013 | $2,696 | -- |
Find assessor info on the county website