377 US-80
377 US-80, Tallulah, LA 71282

Overview
Prime Commercial Opportunity – Former Louisiana Downs OTB Facility | Mound, Louisiana
Positioned directly along highly traveled Interstate 20, this ±12-acre commercial property offers exceptional visibility and accessibility in Mound, Louisiana. Formerly operated as an off-track betting facility for Louisiana Downs, the site is ideally suited for a wide range of commercial, hospitality, entertainment, or redevelopment uses.
The property features an approximately 9,729 square foot freestanding building designed for high-traffic customer use. The existing layout includes a commercial kitchen, multiple service areas, and two sets of restrooms, making it adaptable for restaurant, event venue, gaming, or retail concepts.
A key highlight of the site is its expansive paved parking area, capable of accommodating large volumes of visitors, along with a prominent pylon sign offering excellent exposure to interstate traffic—an invaluable asset for branding and visibility.
With its strategic location, substantial acreage, and existing infrastructure, this property presents a rare opportunity for investors or operators seeking a turnkey facility or a high-visibility redevelopment site in Northeast Louisiana.
Lease Spaces
| Name | Rate | SF | Acres | Vacant | Available Date | Status |
|---|---|---|---|---|---|---|
| Mound | $7.4 /SF/Year | 9,729 SF | 12 ac | Yes | 05/01/2026 | available |
For Sale/Lease
Secondary Uses: Casino, Convention Center, Inn, Bed & Breakfast
- Lease Rate
- $7.40 SF/year
- Available SF
- 9,729 SF
- Sale Price
- $1,250,000
- Price Per SF
- $128.48/SF
- Building Size
- 9,729 SF
- Lot Size
- 12 ac
- Former Tenant
- Louisiana Downs OTB
- Lease Type
- NNN
- Expenses Type
- NNN
- Tax Year (Actual)
- 2025
- Signage
- Pylon
- Showing
- Contact Broker/Agent
- Building Name
- Mound
- Floors
- 1
- Year Built
- 1998
- Parking Spaces
- 30
- Property Use Type
- Vacant/Owner-User
- Property Status
- Existing
- Ceiling Height
- 15'
- Nearest Interstate
- Interstate 20 - 0.01 mi
- Nearest Hwy
- LA 602 - 0.01 mi
- Nearest Airport
- Vicksburg Tallulah Regional - 2.3 mi
- Nearest Port
- Port of New Orleans - 218 mi
- Power Provider
- Private - Entergy
- Water Provider
- Private - Walnut Bayou Water Association
- Parish
- Madison
- Available
- 05/01/2026
- Listed
- 04/29/2026
- Updated
- 04/29/2026
- Listing ID
- a8613242
- Parcel APN
- 400274401



































