5150 Mississippi 305, Coldwater, MS 38618 (MLS# 4151461)

5150 Mississippi 305, Coldwater, MS 38618

New Listing

$187,500

Virtual Tour

https://www.propertypanorama.com/5150-Mississippi-305-Coldwater-MS-38618/unbranded

Property Type: Land Lot Size (sq. ft.): 108,900 Status: Active

Current Price: $187,500 List Date: 6/03/2026 Last Modified: 6/03/2026

Overview

Description

2.5 acres +- zoned commercial or residential in the heart of the growing area of Independence. Less than a half a mile from the 4 way and only approx. 20-25 mins to Olive Branch and Hwy I-269. Will sell an additional 2.5 ac+- and possibly more. Independence has a doctor's office, pharmacy, veterinarian clinic, several restaurants, a coffee shop, feed and hardware store, beauty shop, and the volunteer fire department. This property needs a survey. It is up to the buyer to make sure that this property is zoned for their intended use and approved access from Hwy 305 by MDOT prior to closing. A great location to start your own business with mini storages, grocery store, or auto repair shop with approval from Tate County Planning Commission.

Listing Details MLS# 4151461

General Property Information

Approx Lot Size Acres: 2.5
Expandable Area: Yes
List Price/Acre: 75000
Divisible: No
School District: Tate CO Dist
Elementary School: East Tate
Elementary School 2: N/A
Intermediate School: N/A
Middle or Junior School: Independence
High School: Independence
Property Sub Type: Acreage (10 acres or less)
New Construction: No

Property Features

Current Use: Cattle Possible Use: Cattle; Commercial; Livestock; Residential; Single Family Location: Rural; Small Town Lot Features: Few Trees; Open Lot; Other Covenants And Restrictions: No Mobile Home Sewer: None Water Source: None Listing Terms: Cash; Conventional Waterfront Features: None Showing Requirements: Use ShowingTime Service Utilities: None Trees - Wooded: Other Association Fee Includes: Other Security Features: None Sale Options: None Exterior Features: None Fencing: Barbed Wire Road Frontage Type: Highway; Rural Road Surface Type: Asphalt Other Structures: None Community Features: Restaurant; Other Horse Amenities: None Livestock: Cattle; Chickens; Goats; Horses; Sheep Price Includes: Land Available Documents: Photographs Disclosures: None Additional Transportation: State Highway Equipment Included: None

Address and Location Information

Street Number Assigned?: Yes
Street Number: 5150
Street Name: Mississippi 305
County: Tate
State: MS
Zip Code: 38618
Nearest Cross Street: Hwy 306
Parcel Number: Unassigned
Subdivision: Metes And Bounds
Directions to Property: From the Hwy 305/Hwy 306 intersection in Independence: Go South approx. 3/10ths of a mile on left. Just before Dollar General.
Community Of: N/A
PPIN: No

Listing Information

Property Sub Type: Acreage (10 acres or less)
Listing Service: Full Service
Never Occupied: No

Tax and Financial Information

Tax Annual Amount: Yes
Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Sold In Previous 12 Months: No
Association: No
Covenants Y/N: No
Legal Description: 2.5 acres north of Dollar General in Independence MS to be surveyed.

Land Details

Legally Subdivided: No
Mineral Rights: No
Mobile Homes Allowed: No

More Information

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No
None: Yes

Showing Requirements

Showing: Show Any Time
Appointment Phone: 662-562-HOME(4663)
Lockbox Location: Other
Use ShowingTime Service: Yes

Barn Features

Barn: No

Horse Amenities

Horse Amenities: No
None: Yes

Location

Rural: Yes
Small Town: Yes

Remarks & Miscellaneous

Public Remarks: 2.5 acres +- zoned commercial or residential in the heart of the growing area of Independence. Less than a half a mile from the 4 way and only approx. 20-25 mins to Olive Branch and Hwy I-269. Will sell an additional 2.5 ac+- and possibly more. Independence has a doctor's office, pharmacy, veterinarian clinic, several restaurants, a coffee shop, feed and hardware store, beauty shop, and the volunteer fire department. This property needs a survey. It is up to the buyer to make sure that this property is zoned for their intended use and approved access from Hwy 305 by MDOT prior to closing. A great location to start your own business with mini storages, grocery store, or auto repair shop with approval from Tate County Planning Commission.

Current Use

Cattle: Yes

Possible Use

Cattle: Yes
Commercial: Yes
Livestock: Yes
Residential: Yes
Single Family: Yes

Lot Features

Few Trees: Yes
Open Lot: Yes
Other: Yes

Covenants And Restrictions

No Mobile Home: Yes

Sewer

None: Yes

Water Source

None: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Association Fee Includes

Other: Yes

Utilities

None: Yes

Trees - Wooded

Other: Yes

Security Features

None: Yes

Sale Options

None: Yes

Exterior Features

None: Yes

Fencing

Barbed Wire: Yes

Road Frontage Type

Highway: Yes
Rural: Yes

Road Surface Type

Asphalt: Yes

Other Structures

None: Yes

Community Features

Restaurant: Yes
Other: Yes

Livestock

Cattle: Yes
Chickens: Yes
Goats: Yes
Horses: Yes
Sheep: Yes

Price Includes

Land: Yes

Available Documents

Photographs: Yes

Disclosures

None: Yes

Additional Transportation

State Highway: Yes

Equipment Included

None: Yes

Listing Office: Stevens Realty & Auction Co, Llc

Listing Agent: David Stevens

Last Updated: June - 03 - 2026