Land for Sale in Diamondhead, Mississippi

7051 Interstate 10 Diamondhead, MS 39525

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$60,000,000
404.5 acres
Active sale agoEst $440,240/mo

Casino Development Site in Diamondhead, MSWe 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.

Location

Street Address
7051 Interstate 10
Elevation
13 feet
Coordinates
30.3729, -89.3688

Property details

Zoning
C2
MLS Number
MGCMLS 4089451
Date Posted

Property taxes

2023
$59,814

Parcels

  • 131m-1-11-030.000

Legal description

This 404.5-acre property is located at 7051 Interstate 10 in Diamondhead, MS 39525 with latitude 30.3729 and longitude -89.3688. The property is currently available for sale for $60,000,000 with a price per acre of $148,331. Listing data is sourced from MLS United # 4089451.

Verify sale details at the property source or contact Cumbest Realty at (228) 219-2376.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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