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- LoopNet Team
7051 Interstate 10
Diamondhead, MS 39525
Diamondhead Casino · Land For Sale · 400.00 AC
Investment Highlights
- Approved gaming site located between the two strongest gaming markets on the Gulf Coast with $1.18B in annual casino revenue.
- Located only one hour by car from downtown New Orleans and 36 minutes from Biloxi.
- Excellent mixed-use development opportunity with 2 miles of freeway along the north of the site and Bay of St. Louis waterfront along the south.
PROPERTY FACTS
Description
±400 acres with 2 miles of highway frontage along I-10. • Zoned (C-2) Interstate Commercial/Gaming/Resort. • 50 acres approved by Mississippi Gaming Commission for a gaming facility containing 80,000 SF of gaming space, approximately 1,250 slot machines and 40 gaming tables. • 2 miles of water frontage along the Bay of St. Louis, ideal for a boardwalk development. • 18 million vehicles per year pass the property on I-10. • Easily accessible location between New Orleans and Biloxi. • Mississippi DOT intends to expand the Exit 16 interchange from 2 lanes to a 3-lane highway in each direction. • Mississippi has the third lowest game tax rate (8%) in the US and is considered among the most favorable gaming regulatory environments in the US. • Located 100 yards from Diamondhead Yacht Club & M
PROPERTY TAXES
| Parcel Number | 131 -0-01-001.000 | Improvements Assessment | $0 |
| Land Assessment | $418,883 | Total Assessment | $418,883 |
PROPERTY TAXES
zoning
| Zoning Code | C-2 (Commercial zoning.) |
| C-2 (Commercial zoning.) |
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