1. Mississippi
  2. Diamondhead
  3. 7051 Interstate 10
$60,000,000

7051 Interstate 10, Diamondhead, MS 39525

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon404.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

**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.

Listing Status:
Active
Date Added:
August 24, 2024 at 05:00AM
Listing Office:
Cumbest Realty : 228-219-2376
Listing Agent:
Mark Cumbest : 228-219-2376
MLS ID:
4089451
  • Road/Access: City Street
  • Originating MLS: MLS United
  • County: Hancock

This listing courtesy of Mark Cumbest, Cumbest Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

E

East Hancock Elementary School

4221 Kiln Delisle Rd, Kiln, MS, 39556

Grades PK-5

2.96 miles away

H

Hancock Middle School

7070 Stennis Airport Rd, Kiln, MS, 39556

Grades 6-8

4.40 miles away

H

Hancock High School

7084 Stennis Airport Rd, Kiln, MS, 39556

Grades 9-12

4.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.