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

Cr 514, Itta Bena, MS 38941

$89,500

Virtual Tour

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

dji_fly_20251209_075222_504_176632446881

dji_fly_20251209_075208_503_176632447019

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

Current Price: $89,500 List Date: 1/27/2026 Last Modified: 3/12/2026

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.

More Information MLS# 4134526

Address and Location Information

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

Location

Small Town: 1

Listing Information

Listing Service: Full Service Status: Active List Date: 2025-12-23 List Price: $89,500 Current Price: $89,500 Property Sub Type: Acreage (more than 10 acres)

General Property Information

Property Sub Type: Acreage (more than 10 acres) Approx Lot Size Acres: 31.2 Lot Size Dimensions: 31.2 Acres Expandable Area: No List Price/Acre: 2868.59 Divisible: No

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.

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: 1

Possible Use

Commercial: 1 Development: 1

Land Details

Acres Tillable: 28

Lot Features

Open Lot: 1

Covenants And Restrictions

None: 1

Sewer

Unknown: 1

Water Source

Community: 1

Listing Terms

1031 Exchange: 1 Cash: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Show Any Time

Utilities

Electricity Available: 1 Water Available: 1

Horse Amenities

Horse Amenities: No

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

Listing Office: Hopper Properties

Listing Agent: William W Wolfe

Last Updated: March - 12 - 2026