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Commercial Land with Existing Post Office
For Sale
$430,000

5900 Hwy 305, Coldwater, MS 38618

Land, Coldwater, MS

Property SizeContact for details
Lot Size2.00 Acres
Days on Market460

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
Listed By: Christy M Webster · License #S-49623
Added: May 22, 2025 Changed: Aug 23 Last Checked: Aug 24 at 8:06PM
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 commercial land offering combines two parcels totaling 2 acres. The 0.22-acre parcel contains the Independence Post Office, while the adjoining 1.82-acre parcel is open and mostly cleared. Together, the parcels provide an existing commercial improvement alongside undeveloped land for future construction. C 1 zoning is in place, and electricity is available.

The property sits on Hwy 305, north of the Hwy 305 and Hwy 306 intersection in Tate County. The post office is occupied under a lease scheduled to end in 2026, with shared maintenance responsibilities involving USPS and the building owner. The larger parcel is described as suitable for commercial development, including a day care, convenience store, or plumbing shop.

Key Highlights

  • 2 acres across 2 parcels sold together
  • 1.82‑acre open parcel is mostly cleared for future development
  • 0.22‑acre parcel contains the Independence Post Office

Property Analytics

Current Use

Commercial land

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two parcels combine a mostly cleared tract and an existing post office under C 1 zoning.
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: 2 acres across 2 parcels sold together; 1.82‑acre open parcel is mostly cleared for future development; 0.22‑acre parcel contains the Independence Post Office
More about this property
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