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7051 Interstate 10, Diamondhead, MS 39525

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For Sale

$60,000,000

404.5 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 404.5 acres
    Lot size

Explore this Property

**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.
MLS# 4089451

Courtesy Of Cumbest Realty, Inc.

(228) 219-2376

Property Features

  • Amenities
    Dock, Water Front
  • Architecture Style
    Other
  • Lot Size
    404.5 Acres
  • View Type
    Water

Map and Directions

Directions to 7051 Interstate 10, Diamondhead, MS 39525

Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(228) 731-3881
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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