I’m in Northeast Boulder Colorado hunting for a 1031 exchange replacement property.

Within a few blocks of me, I had a choice of an Office Condo, Industrial Land, and an Office Building with potential redevelopment opportunity.

I chose the third option as it seems to be the best location and have the most upside along with cashflow:

• 3000 Pearl Street cor 30th Street (1031 Replacement Property Link)
• $3,250,000
• 13,000 SF Bldg
• Office Building with potential redevelopment opportunity
• $250 / foot
• 4 story building redevelopment possibility of 70,000 SF in total

1031 Exchange Replacement Property near the following:

• Hyatt
• Barnes and Noble
• Chase bank
• Whole Foods
• Target

Overall, it’s a solid 1031 opportunity for those looking for 1031 exchange replacement property.