REIT SALE | 22K SF Former PortaCool | 2011 Built | TX | 4 Acres

Highlights:

• 22,319 SF Industrial/Flex Facility (Former PortACool) on 4 Acres Available Below Replacement Cost
• Prime Frontage and Visibility on FM-1656 Directly Across from Center Municipal Airport
• Built in 2011 and 2023; Fully Fenced Site Features Two Buildings with Multiple Dock-High and Overhead Doors
• Attractive Demographics with ±8,545 People and Annual Household Income of ±$75,602 within a 5-Mile Radius
• Centrally Positioned within Regional Industrial Hub between Shreveport, LA (60-mi), Nacogdoches, TX (30-mi), and Dallas/Houston (180-mi)
• No Zoning Restrictions | Federal Opportunity Zone

Description:

Ri Marketplace Online Auction November 17th-19th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2834/reit-sale-22k-sf-former-portacool-2011-built-tx-4-acres?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=industrial_2834

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing industrial/flex facility located at 1294 FM 1656 in Center, Texas, the county seat of Shelby County within the East Texas region. Previously occupied by PortACool, the Property is offered significantly below replacement cost, providing an attractive opportunity for owner-users or investors to acquire a highly functional and visible asset at a compelling basis.

Constructed in 2011 and expanded in 2023, the Property comprises a total of ±22,319 square feet across two (2) freestanding buildings situated on a ±4.0-acre parcel (±174,239 SF) with 15 surface parking spaces. The main building, originally built in 2011, features a flexible industrial/flex configuration with built-out office space, open warehouse area, and multiple dock-high and overhead doors to accommodate light manufacturing, storage, or distribution uses. The secondary structure, completed in 2023, adds approximately ±8,000 square feet of enclosed space with two (2) 14’x12’ roll-up doors and LED interior lighting, providing additional capacity for storage or auxiliary operations. Attached to this newer building is a covered awning measuring ±2,242 SF, offering extra covered loading or workspace area. The prior tenant also completed improvements to the original building, including metal siding and two (2) additional roll-up doors, enhancing overall functionality and operational flow. In total, the Property offers a highly adaptable configuration ideal for industrial, flex, or logistics users seeking a cost-effective and well-positioned facility in the East Texas region. Strategically positioned in the Airport Area of Center, TX, the Property lies directly across from Center Municipal Airport and benefits from ±300 feet of frontage along FM 1656, offering two points of ingress/egress for efficient truck and vehicle circulation. With no zoning restrictions or regulatory limitations in the City of Center, the site accommodates a wide range of commercial, industrial, and flex uses, enhancing redevelopment and re-tenanting potential. Previously leased on net lease to PortACool, the facility represents a prime value-add opportunity, with upside through long-term lease-up at market rates (CoStar-estimates rent at ±$19/SF Industrial).

The Property is strategically located within a federal opportunity zone in Center, Texas, the county seat of Shelby County, positioned in the heart of East Texas near the Louisiana border. Center serves as the primary commercial and industrial hub for Shelby County and the surrounding region, benefiting from exceptional regional access via U.S. Highway 96, State Highway 7, and State Highway 87, connecting directly to Nacogdoches (±30 miles southwest), Lufkin (±60 miles southwest), and Shreveport, Louisiana (±60 miles east). The Property’s proximity to Center Municipal Airport and Downtown Center provides convenient access for logistics, light manufacturing, and service-oriented users. The surrounding area features a balanced mix of industrial, commercial, and municipal uses, including manufacturers, distributors, and regional service providers. Center’s economy is anchored by key sectors such as manufacturing, timber, oilfield services, and agribusiness, supporting a diverse employment base and stable demand for industrial space. The city continues to attract investment due to its strategic position along key East Texas freight corridors, business-friendly environment, and cost-effective land pricing. Supported by a skilled local workforce, expanding infrastructure, and proximity to major East Texas and Northwest Louisiana markets, Center offers a compelling foundation for industrial and flex users alike. Within a 5-mile radius, the area is home to over 8,500 residents with an average household income (AHHI) exceeding $75,000, reflecting a strong consumer and workforce base. With its visibility, unrestricted zoning, and logistical advantages, the Property is well-positioned for a wide range of industrial, commercial, or redevelopment uses within one of East Texas’s most strategically located regional trade centers.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: