Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5900 Highway 305 Coldwater, MS 38618

    For Sale
    $430,000

    COMMERCIAL - Coldwater, MS

    Lot size:
    2.00 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 5900 Highway 305

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.00 Acres

    Utilities

    Sewer type
    Septic Needed

    crye-leike realtors (662) 985-0043 [email protected]

    Listing agent Christy M Webster License #S-49623

    Listing date Nov 21, 2025

    MLS# 4114128 Listing URL

    Overview

    Commercial Land in Growing Community

    This 2-acre commercial tract is located in Independence, MS, on heavily traveled Hwy 305, just north of the intersection of Hwy 305 and Hwy 306. The property is mostly cleared and zoned C 1. The site consists of two parcels being sold together. One parcel is 0.22 acres and contains the Independence Post Office. The other parcel is 1.82 acres and is open and ready for development. Potential uses include a day care, convenience store, or plumbing shop. A well and septic system are currently on the property, servicing the Post Office. The USPS rents the post office at approximately $600 a month. The lease is up in 2026, with shared maintenance requirements for USPS and the building owner. This area of Tate County is growing, presenting a great opportunity for business ventures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Hair Salon Department Store Food Market Storage Facility Garden Center Cafe & Coffee Shop Veterinary Clinic Smoke and Vape Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coldwater
    County
    Tate
    State
    Mississippi
    Longitude
    -89.811156
    Latitude
    34.705769

    Nearby Similar for Sale

    • $649,000
      3,200 SF

      Coldwater Commercial Building For Sale

      Highway 305 Automotive Shop - 3200 sq ft
      125 Bill Hancock Rd, Coldwater, MS 38618
      View Details
    • $1,800,000
      3,744 SF

      Coldwater Gas Station & Rentals

      Profitable Gas Station with Units
      9670 Ms-306, Coldwater, MS 38618
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two-acre commercial tract in growing area, ideal for development.
    Where is this commercial land located?
    The property is located at 5900 Highway 305 Coldwater, MS.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Located on heavily traveled Hwy 305 in a growing community.; - Zoned C 1, suitable for various commercial developments like a day care, convenience store, or plumbing shop.; - Includes a rental property (Independence Post Office) with existing lease providing approx. $600 monthly income until 2026.
    (901) 831-1925
    Request Owner's contact information
    5900 Highway 305 Coldwater, MS 38618
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5900 Highway 305
    Coldwater, MS 38618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5900 Highway 305 Coldwater, MS 38618
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.