Active

7051 Interstate 10

Diamondhead MS, 39525

$60,000,000


$3.41 per sqft

Active

404.5 Acres

Land

Listed by Mark Cumbest 228-219-2376 with Cumbest Realty

**Casino Development Site in Diamondhead, MS**

We are proud to feature this Prime 404.5 +/-acre tract of vacant land located directly off (Exit 16) in Diamondhead, offering an unparalleled opportunity for casino development. Situated on the south side of Interstate 10, east of Yacht Club Drive, and north of the Jourdan River Coastal Preserve, strategically positioned between New Orleans and Biloxi with two miles of Interstate 10 frontage and exposure to over 18 million vehicles annually (51,000/day). This site is ideal for high-traffic commercial development.

The property consists of four contiguous parcels, zoned (C-2) for Interstate Commercial, Gaming, and Resort use. The Mississippi Gaming Commission has approved 50 acres of the site for the development of a 100,000 square-foot casino with a state-of-the-art sportsbook facility and a 300+ room full-service hotel. Additionally, the site boasts approximately 270 feet of direct water frontage along St. Louis Bay with public utilities available.

The preliminary design for the Diamondhead Casino Resort includes a minimum of 100,000 square foot gaming area, consisting of 1,250 slot machines, 40 table games, and a state- of-the-art sportsbook. The 50-acre development will feature a full-service 300+ room hotel offering various dining, entertainment, and shopping amenities. The remaining approximately 350 acres of land will drive additional revenues and development returns through non-gaming activities, non-gaming development.

This development site represents a significant investment opportunity in a high-growth area. Contact us today for more information.

4089451

MLS ID

August 24, 2024

Listed

September 13, 2024

Updated

Map

7051 Interstate 10
Diamondhead MS, 39525

Exterior/Building Features

Lot Size

404.5 Acres


Lot Features

City Lot, Many Trees, Views


Sewer

Public Sewer

Other Property Details

Taxes

$59,814


Tax Frequency

Annually


Garage

No


View

No


County

Hancock


Water Source

Public


Pool

No


Waterfront

Yes

The IDX display contains information sourced from the MLS United as of 9/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/13/2024 at 1:02 PM UTC

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