1 Acre
13,000 sf building
2-Story Office Building
Tom Helmkampf bought this 1-acre site in Olivette which at the time had a 2-story frame farmhouse in the Northeast corner of the property. After closing on the property Tom used the old farmhouse as his office space as he planned the redevelopment of the site, Tom assembled a team of Architects, Engineers, and Design-Build Subcontractors to complete the design for a modern 2 story office building on the site. Tom made the presentations for the project through Planning & Zoning and Architectural Review in the City of Olivette, Missouri.
Upon approval of all plans Tom built the new building behind the existing Farmhouse/office, then moved his operation into the new building. Once the move was complete, the farmhouse was torn down and the sitework in the area of the farmhouse was completed.
Are you interested in investing in Commercial Real Estate or have 1031 money available for reinvestment?
HCS is very active in the local Bi-State Commercial Real Estate Development Market. We are always on the lookout for undervalued and value-added opportunities especially in the small to midsized warehouse market. This niche is a key strategy for strong returns as it generally requires lower initial and long-term re-tenanting costs.
- Existing industrial buildings, preferably built after 1980.
- Value-added opportunities, determined by a vacancy of 20%+, some curable obsolescence, or poor marketing/dealmaking.
- Transaction size of $1million - $5 million
- Single free-standing buildings or portfolios
- Single and multi-tenant buildings
- Sale and Lease Back or excess property situations
- Preferred markets are the St. Louis County Missouri, and SW Illinois
- Opportunity and Enterprise Zone Properties or other incentives that provide equity partners with additional tax opportunities.
Contact us today for a list of current opportunities or call 314-581-2667 to speak with Tom.