PropRise (YC S23) reposted this
CEO at PropRise (YC S23) | AI for CRE deal sourcing | I like working smarter and harder
𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗽𝗿𝗼𝘅𝗶𝗺𝗶𝘁𝘆 𝘁𝗼 𝗺𝗮𝗷𝗼𝗿 𝗿𝗲𝘁𝗮𝗶𝗹𝗲𝗿𝘀 𝗱𝗼 𝘁𝗼 𝘀𝗲𝗹𝗳-𝘀𝘁𝗼𝗿𝗮𝗴𝗲 𝗿𝗲𝗻𝘁𝗮𝗹 𝗿𝗮𝘁𝗲𝘀? That's what I asked the team at PropRise (YC S23) last week, and here's what we found: National Street Rates for 10x10 CC: ~$163/month 𝗦𝘁𝗿𝗲𝗲𝘁 𝗥𝗮𝘁𝗲𝘀 𝗳𝗼𝗿 𝟭𝟬𝘅𝟭𝟬 𝗖𝗖 𝘄𝗶𝘁𝗵𝗶𝗻 𝟭 𝗠𝗶𝗹𝗲 𝗼𝗳... • Trader Joe’s: $258.94 (+58.88%) • Costco: $177.98 (+9.19%) • McDonald's: $168.74 (+3.52%) • Walmart: $143.59 (-11.91%) Retailers choose locations based on market characteristics—Trader Joe’s in affluent areas, Walmart in budget-conscious ones—and this is reflected in self-storage rates. The real advantage comes from knowing how to leverage this data at scale. So, we built that edge right into our product. 𝗡𝗲𝗮𝗿𝗯𝘆 𝗣𝗹𝗮𝗰𝗲𝘀 now helps you find prime properties—on-market, off-market, or in emerging submarkets—right where the opportunity is strongest. In fact, using PropRise, I found 42 land listings over 2 acres within 0.5 miles of a Costco or Trader Joe’s instantly. Looking to stay ahead? Let’s talk! I will leave my meeting link in the comments. P.S. Remember kids, correlation does not imply causation 😉