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
November 22, 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
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Data last updated on 11/22/2024 at 1:27 PM UTC