Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land with Event Venue Potential Title is generated by Realmo AI

    400 Old Comanche, Early, TX 76802

    View on Map
    Claim this Listing
    For Sale
    $650,000

    LAND - Early, TX

    Lot size:
    20.01 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    40
    Last Refresh:
    Jun 2 at 8:06 pm

    Property Features for 400 Old Comanche

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    APN
    26293
    Lot size
    20.01 Acres

    Taxes and HOA fees

    Tax Description
    Henry Kraber, Survey 19, Abstract 584, Acres 20

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1880
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Rock, Stone

    We can help!

    Listing Contact
    Jordan Barton

    Listing agent Jordan Barton License #0769808

    Listing office Turnkey Realty LLC Odessa, TX

    Listing date Apr 24, 2026

    MLS# 21085857

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 400 Old Comanche Road in Early, Texas; former event venue with adaptable structures for redevelopment
    • Year built: 1880; construction materials include rock and stone
    • Concrete flooring and on‑site driveway parking
    • Utilities available: public water and public sewer
    • Open, level terrain with corner positioning offering multiple access points and road frontage
    • Located just minutes from the new Early Town Center development and near Highway 377

    Overview

    This is a 20+-acre commercial land offering in Early, Texas that includes open, level terrain and adaptable structures previously used as a successful event venue. The property is positioned to support a range of redevelopment concepts, whether you plan to reintroduce it as an event destination or convert it to a different income-generating use. With multiple access points and strong road visibility, the site is well suited for operators seeking a flexible base for future improvements.

    The property is located at 400 Old Comanche Road in Early, minutes from the new Early Town Center development. Its proximity to Highway 377 and its corner layout contribute to convenient access and prominent exposure from surrounding roadway connections. Utilities are described as nearby, which can help streamline planning for future development.

    Given its history as an event venue and its level, adaptable configuration, this site may appeal to buyers and developers evaluating uses such as RV park development, multi-family housing, retail or restaurant space, or a mixed-use approach. For investors looking to participate in Early’s ongoing growth and infrastructure expansion, this property offers a practical platform to reimagine the site for the next phase of demand in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Early
    County
    Brown
    State
    Texas
    Longitude
    -98.95979313
    Latitude
    31.74021633

    Nearby Similar for Sale

    • $899,900
      11,200 SF

      High-Visibility Commercial Property in Early, TX

      Flexible commercial space with high traffic exposure near Heartland Mall.
      420 Early Boulevard, Early, TX 76802
      View Details
    • $2,000,000
      9,060 SF

      Income-Producing Commercial Investment Opportunity

      High-traffic location with immediate cash flow and expansion potential.
      1305 Early Boulevard, Early, TX 76802
      View Details
    • $1,200,000
      2,890 SF

      Second-Generation QSR with Drive-Thru

      For sale second-generation restaurant building with drive-thru, FF&E included, offering strong visibility and convenient access.
      424 Early Boulevard, Early, TX 76802
      View Details
    • $725,000
      600 SF

      Prime Location in Early, TX

      High-visibility location with ample parking, ideal for new business.
      308 Early Boulevard, Early, TX 76802
      View Details
    • $595,000
      1,404 SF

      Manufactured Office Building on Corner

      Corner commercial site with a 1,404 SF manufactured office building, offering strong visibility for a wide range of businesses.
      702 early blvd, Early, TX 76802
      View Details
    • $800,000

      Early Boulevard Commercial Land For Sale

      2.005-acre commercial tract on a high-traffic thoroughfare.
      417,419,421 Early Boulevard, Early, TX 76802
      View Details
    • $699,000
      2,276 SF

      Texas Ranch with Acreage and Home

      Ranch-style home on 49.43 acres near Early and Brownwood.
      4300 County Road 372, Early, TX 76802
      View Details
    • $799,000
      4,000 SF

      Retail Opportunity in Early, Texas

      Two retail properties for sale together in Early, Texas.
      412 Early Boulevard, Early, TX 76802
      View Details
    • $2,195,000
      2,400 SF

      Early, TX RV Park Ranch

      Income-producing RV park and unrestricted ranch with development potential.
      7120 HWY 183 N, Early, TX 76802
      View Details
    • $179,500

      Office Suite with Decks

      A renovated office setup with reception, multiple offices, breakroom, restrooms, and outdoor deck space for client-facing work.
      704 Early Blvd, Early, TX 76802
      View Details
    • $2,195,000
      2,400 SF

      Texas Ranch with RV Park

      103.6-acre property featuring RV park, farmhouse, and development potential.
      7120 HWY 183 N, Early, TX 76802
      View Details
    • $150,000

      3-Acre Commercial Land in Early

      High-visibility 3-acre commercial land for sale in Early, TX.
      Early BLVD, Early, TX 76802
      View Details

    FAQs

    What type of property is this?
    Commercial land - Versatile corner land near Highway 377 with level terrain and prior event venue improvements.
    Where is this commercial land located?
    The property is located at 400 Old Comanche Early, TX.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 400 Old Comanche Road in Early, Texas; former event venue with adaptable structures for redevelopment; Year built: 1880; construction materials include rock and stone; Concrete flooring and on‑site driveway parking
    (432) 349-6667
    We can help!
    Listing Contact
    Jordan Barton
    Real Estate License ID: 0769808
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    400 Old Comanche, Early, TX 76802
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!