Cr 514, Itta Bena, MS 38941 (MLS# 4134526)

Cr 514, Itta Bena, MS 38941

$78,000

Virtual Tour

https://www.propertypanorama.com/Cr-514-Itta-Bena-MS-38941/unbranded

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Property Type: Land Lot Size (sq. ft.): 1,359,072 Status: Active

Current Price: $78,000 List Date: 1/27/2026 Last Modified: 4/26/2026

Overview

Description

This 31.2 acre property in Itta Bena offers a mix of income and future potential. 28 +/-acres are productive farm ground currently rented at $100 per tillable acre annually. The soils consist of Dundee Loam and Alligator Clay. It is located just 1.5 miles from U.S. Highway 82 and features approximately 900 feet of frontage on County Road 514, providing easy access. Being only 4.5 miles from Mississippi Valley State University, the property could be a good fit for a homesite, housing development, or possible commercial use with improvements. A majority of the property lies in the floodplain. The cell tower was previously sold off the property.

Listing Details MLS# 4134526

General Property Information

Approx Lot Size Acres: 31.2
Lot Size Dimensions: 31.2 Acres
Expandable Area: No
List Price/Acre: 2500
Divisible: No
Property Sub Type: Acreage (more than 10 acres)

Property Features

Current Use: Agricultural Possible Use: Commercial; Development Location: Small Town Lot Features: Open Lot Covenants And Restrictions: None Sewer: Unknown Water Source: Community Listing Terms: 1031 Exchange; Cash Utilities: Electricity Available; Water Available

Address and Location Information

Street Number Assigned?: No
Street Name: Cr 514
County: Leflore
State: MS
Zip Code: 38941
Parcel Number: 09619041300100, 09620031600600
Subdivision: Metes And Bounds
Community Of: N/A

Listing Information

Property Sub Type: Acreage (more than 10 acres)
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 620.32
Tax Year: 2024
Homestead Y/N: No
Additional Exemptions Y/N: Yes
Flood Insurance Required?: Subject to Survey
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: That Part Of A 39.58 Ac Tract In Se 1/4 As Desc Db 109 Pg 455 Being Part Of Share No 2 Less Parts S19 T19 R1 W, That Part Lots 11 & 12 Lying West Of Corp Limits, South Of C&G Rr And North Of Ivory Lane Apts.

Land Details

Acres Tillable: 28

More Information

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Show Any Time

Horse Amenities

Horse Amenities: No

Location

Small Town: Yes

Remarks & Miscellaneous

Public Remarks: This 31.2 acre property in Itta Bena offers a mix of income and future potential. 28 +/-acres are productive farm ground currently rented at $100 per tillable acre annually. The soils consist of Dundee Loam and Alligator Clay. It is located just 1.5 miles from U.S. Highway 82 and features approximately 900 feet of frontage on County Road 514, providing easy access. Being only 4.5 miles from Mississippi Valley State University, the property could be a good fit for a homesite, housing development, or possible commercial use with improvements. A majority of the property lies in the floodplain. The cell tower was previously sold off the property.

Current Use

Agricultural: Yes

Possible Use

Commercial: Yes
Development: Yes

Lot Features

Open Lot: Yes

Covenants And Restrictions

None: Yes

Sewer

Unknown: Yes

Water Source

Community: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes

Utilities

Electricity Available: Yes
Water Available: Yes

Listing Office: Hopper Properties

Listing Agent: William W Wolfe

Last Updated: April - 26 - 2026