7051 Interstate 10, Diamondhead, Mississippi, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$60,000,000

7051 Interstate 10
Diamondhead, Mississippi, United States

Listed By: Realtyww Info

Listed On: 08/24/2024

Listing ID: GL11491294 View More Details

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.

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Listed by: Mark Cumbest