Zoned Commercial Land
For Sale
$430,000
5900 Hwy 305, Coldwater, MS 38618
COMMERCIAL - Coldwater, MS
Property SizeContact for details
Lot Size2.00 Acres
Days on Market441
Property Features for 5900 Hwy 305
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C1
Subdivision
Metes And Bounds
Lot features
Sloped, Corners Marked, Sloped, Corners Marked
Directions
South on Hwy 305 from Wakefield Road. Drive approx. 2.5 miles and property on the left before The Red Barn.
Standard status
Active
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PT NW1/4 SW1/4 Two parcels totaling 2 Acres Tate County
Tax Annual Amount
1000
Legal Description
PT NW1/4 SW1/4 Two parcels totaling 2 Acres Tate County
Utilities
Utilities
Electricity Available
Sewer type
Septic Needed
Listing Agency:
Crye-Leike Of MS-SH
(662) 349-5550
Listed By:
Christy M Webster · License #S-49623
(901) 831-1925
Added: May 22, 2025
Changed: Aug 4
Last Checked: Aug 5 at 3:06AM
MLS# 4114128
Copyright © 2026 MLS United. 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 includes two parcels sold together totaling approximately 2 acres. The property is mostly cleared and zoned C-1, with one parcel (0.22 acres) containing the Independence Post Office. The second parcel (1.82 acres) is open and ready for development, with a well and septic system currently on-site that services the post office.
The tract is located on heavily traveled Hwy 305, just north of the intersection of Hwy 305 and Hwy 306. The address provided is for location reference only. The USPS rents the post office at approximately $600 per month, and the lease is in place through 2026. Shared maintenance requirements apply between USPS and the building owner.
Buyers should review the development-ready parcel configuration in conjunction with the existing post office and on-site utilities when planning future use under the C-1 zoning.
The tract is located on heavily traveled Hwy 305, just north of the intersection of Hwy 305 and Hwy 306. The address provided is for location reference only. The USPS rents the post office at approximately $600 per month, and the lease is in place through 2026. Shared maintenance requirements apply between USPS and the building owner.
Buyers should review the development-ready parcel configuration in conjunction with the existing post office and on-site utilities when planning future use under the C-1 zoning.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 38618, MS
11,467
Population
4,810
Households
2.4
Avg Household Size
44
Median Age
12%
College-Educated
81%
High-School Grad
198.4 sq mi
ZIP Area
58
Density / Sq Mi
$54,128
Median Household Income
$36,385
Median Earnings
$1,032
Median Rent
$139,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Mostly cleared 2-acre tract with existing post office parcel and infrastructure, located on heavily traveled Hwy 305.
Where is this commercial land located?
The property is located at 5900 Hwy 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.
