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377 US-80

377 US-80, Tallulah, LA 71282

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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

NameRateSFAcresVacantAvailable DateStatus
Mound$7.4 /SF/Year9,729 SF12 acYes05/01/2026available

Attachments

For Sale/Lease

Hospitality

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