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Commercial-Residential Land Parcel

5150 Hwy 305 Coldwater, MS 38618

5150 Hwy 305, Coldwater, MS, 38618
$187,500
For Sale
$187,500

LAND - COLDWATER, MS

Lot Size2.50 Acres
Days on Market47

Property Features for 5150 Hwy 305

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
2.50 Acres
Listing Agency Stevens Realty & Auction Company, LLC
124 N Front Street P.O. Box 100, Senatobia, MS
Listed by David Stevens
Added: Jun 3 Checked: Jul 19 at 6:06 am
MLS# 167655 Listing URL

Copyright © 2026 North Central Mississippi Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering is a 2.5-acre parcel zoned commercial or residential, presented as a strong starting point for a new development or business site. The seller notes that the property needs a survey, and it may be possible to purchase additional acreage, including an additional 2.5 acres and potentially more.

Located in the heart of the growing area of Independence, the property is listed as less than a half mile from the 4-way. It is also described as approximately 20–25 minutes to Olive Branch and Highway I-269. Buyers should review the development approach and confirm access requirements from Hwy 305, including MDOT approval, prior to closing.

Because zoning is identified as commercial or residential, this land may fit a range of concepts subject to approvals. The marketing materials specifically reference potential uses such as mini storage, a grocery store, or an auto repair shop, contingent on confirmation of intended use and approval from the Tate County Planning Commission. As directed, the buyer is responsible for verifying zoning for their use and obtaining any necessary access approvals from Hwy 305 before closing.

Key Highlights

  • 2.5‑acre +/- tract zoned for commercial or residential use in Independence
  • Located less than 0.5 mile from the 4‑way and about 20–25 minutes to Olive Branch and Hwy I‑269
  • Buyer to confirm intended use zoning and verify approved access from Hwy 305 by MDOT prior to closing

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Storage Facility Garden Center (Bike/Boat/Book/etc) Store Pharmacy Auto Repair Shop Cafe & Coffee Shop Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

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

FAQs

What type of property is this?
Commercial land - 2.5-acre parcel zoned commercial or residential, positioned near a key intersection with room to expand through additional land.
Where is this commercial land located?
The property is located at 5150 Hwy 305 Coldwater, MS.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: 2.5‑acre +/- tract zoned for commercial or residential use in Independence; Located less than 0.5 mile from the 4‑way and about 20–25 minutes to Olive Branch and Hwy I‑269; Buyer to confirm intended use zoning and verify approved access from Hwy 305 by MDOT prior to closing
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