5150 Ms- 305

Coldwater, MS 38618

$450,000
Price
217,800 / 5
Lot Size / Acres
5 Ac. Commercial
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Description

5 acres zoned commercial in the heart of the growing area of Independence. Next to the Dollar General and less than a half mile from the 4 way. Will entertain selling all or part. Make an offer today! Will sell 2.5 acres +- for $225,000 or buy the 5 acres +/ for $450,0005 acres zoned commercial in the heart of the growing area of Independence. Next to the Dollar General and less than a half mile from the 4 way. Will entertain selling all or part. Make an offer today! Will sell 2.5 acres +- for $225,000 or buy the 5 acres +/ for $450,000
  1. Listed by David Stevens • Brokerage DRE #14443 • Stevens Realty & Auction Co, Llc
    P: (662)-288-6507 C: (662)-288-6507 stevensrealtyandauction@outlook.com
LISTING UPDATED: 10/02/2025 01:56 PM

Property Details for 5150 Ms- 305

StatusActive
MLS #4078384
Days on Market611
Taxes$1 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Commercial Lot for Sale
Year Built-
Lot Size5.00 AC
CountyTate County

Location

Listing Courtesy of Stevens Realty & Auction Co, Llc
Add your commute

Building Information for 5150 Ms- 305

Lot Size5.00 AC

Payment Calculator

$2,224 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,224

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5150 Ms- 305

Summary
Location and General Information
  • Directions: at the intersection of Hwy 305 & Hwy 306 in Independence go South approx. 3/10th mile property on left just before Dollar General. Property joins Dollar General.
  • Latitude: 34.69
  • Longitude: -89.81
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: 5 acres north of dollar general in Independence ms to be surveyed.
  • Tax Year: 2024
  • Tax Annual Amount: $1.00
  • Tax and Financial Information:Tax Annual Amount: $1.00
  • Tax and Financial Information:Tax Year: 2,024.00
  • Tax and Financial Information:Homestead Y/N: No
  • Tax and Financial Information:Additional Exemptions Y/N: No
  • Tax and Financial Information:Flood Insurance Required?: No
  • Tax and Financial Information:Leasehold Y/N: No
  • Tax and Financial Information:Association: No
  • Tax and Financial Information:Covenants Y/N: No
  • Tax and Financial Information:Legal Description: 5 acres north of dollar general in Independence ms to be surveyed.
Property
Lot Information
  • Lot Size Acres: 5.0
  • Lot Features: Corners Marked
  • Lot Size Area: 5.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 217800.0
  • Land Details:Road Frontage: 600
  • Waterfront Features:Waterfront: No
Property and Assessments
  • New Construction: No
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Unimproved Commercial Lot for Sale
  • Current Use: Agricultural, Investment
  • Possible Use: Commercial, Development, Investment, Mini-Storage, Place of Worship, Recreational, Retail
  • General Property Information:Property Sub Type: Unimproved Commercial Lot for Sale
  • General Property Information:New Construction: No
  • General Property Information:Approx Lot Size Acres: 5.00
  • General Property Information:Expandable Area: No
  • General Property Information:Divisible: Yes
Utilities
  • Utilities: Cable Available, Electricity Available
Interior and Exterior Features
Exterior Features
  • Workshop Features:Workshop Features Workshop: No
  • Horse Amenities:Horse Amenities: No
Interior Features
  • Sewer: Septic Needed
  • Water Source: Well
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00

Property History for 5150 Ms- 305

DateEvent & SourcePriceAppreciation
Oct 1, 2025

Price Change

GCAOR MLS #4078384

$450,000—
May 1, 2024

Listed (Active)

GCAOR MLS #4078384

$500,000—
DateEvent & SourcePrice
10/01/2025

Price Change

GCAOR MLS #4078384

$450,000
05/01/2024

Listed (Active)

GCAOR MLS #4078384

$500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5150 Ms- 305

This home is within Tate Co School Dist.
Rating
School
Type
Grades
Distance
East Tate Elementary School
Public - K to 6
Independence High School
Public - 7 to 12
Independence Middle School
Public - 5 to 8
Coldwater Elementary School
Public - K to 6
Rating
School
Distance
East Tate Elementary School
PublicK to 6

Independence High School
Public7 to 12

Independence Middle School
Public5 to 8

Coldwater Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5150 Ms- 305, Coldwater, MS 38618

5150 Ms- 305 is a 5 ac of land for sale in Coldwater, MS 38618. This property was listed for sale on May 1, 2024 by Stevens Realty & Auction Co, Llc, it's currently listed at $450,000. This listing's school district is Tate Co School Dist. Nearby schools include East Tate Elementary School, Independence High School and Independence Middle School. 5150 Ms- 305 is a 0-bed, 0-bath, 5 ac of land on a 217,800 sq. ft. / 5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stevens Realty & Auction Co, Llc

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.