# 5150 Hwy 305, Coldwater, MS 38618

> **TL;DR:** land, $187,500. Est. $813/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $187,500 |
| Lot Size | 108,900 sqft (2.50 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $813 |
| **Total** | **$813** |

## Property Highlights

- 2.50 acre lot

## Description

### Agent Description
2.5 acres +- zoned commercial or residential in the heart of the growing area of Independence. Less than a half a mile from the 4 way and only approx. 20-25 mins to Olive Branch and Hwy I-269. Will sell an additional 2.5 ac+- and possibly more. Independence has a doctor's office, pharmacy, veterinarian clinic, several restaurants, a coffee shop, feed and hardware store, beauty shop, and the volunteer fire department. This property needs a survey. It is up to the buyer to make sure that this property is zoned for their intended use and approved access from Hwy 305 by MDOT prior to closing. A great location to start your own business with mini storages, grocery store, or auto repair shop with approval from Tate County Planning Commission.

## Location

- **Address:** 5150 Hwy 305, Coldwater, MS 38618
- **County:** TATE
- **Coordinates:** 34.6936232, -89.8102234
- **Google Maps:** https://www.google.com/maps?q=34.6936232,-89.8102234

## Listing Agent

- **Name:** David Stevens
- **Brokerage:** Stevens Realty & Auction Company, LLC
- **Phone:** 6625624663
- **Email:** stevensrealtyandauction@outlook.com

## Primary Photo

![5150 Hwy 305 - Primary Photo](http://lh.rdcpix.com/3f4a23d2f2ca6f9ca3efee02d0e4e1bfl-f1600499876r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/5150-hwy-305-coldwater-ms-38618-s167655)*

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**MLS#:** 167655 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5150-hwy-305-coldwater-ms-38618-s167655)

---

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