Self Storage News & Announcements | Modern Storage Media

PropRise Launches Market Hot Spots To Cut Site Selection Time

Written by MSM | Jan 29, 2025 2:33:23 PM

PropRise, an AI-powered commercial real estate analytics platform, today announced Market Hot Spots, a new feature that transforms months of manual market research into minutes of data-driven decision making. This new tool is primed to change how self-storage professionals identify prime investment opportunities.

 

Market Hot Spots analyzes millions of data points—including 2024 census demographics, development pipelines, and market dynamics—to help investors and operators pinpoint optimal locations with unprecedented precision.

 

"We're taking PropRise's analytical power to the next level," says Jean-Michael, CEO of PropRise. "Market Hot Spots processes granular demographic data down to the block group level, tracks new development permits across markets, and analyzes over 450,000 commercial listings and 60,000 self-storage facilities to spot opportunities others miss."

 

Beyond One-Dimensional Analysis

Market Hot Spots enhances PropRise's platform with:

  • Real-time tracking of development pipelines and permitting activity
  • Block-level demographic insights from 2024 census data
  • Competitive intelligence on 60,000+ facilities
  • Market-specific rent and occupancy trends

Why Market Hot Spots Matters to Every Stakeholder

 

For Developers:

  • Identify high-potential submarkets using proprietary scoring algorithms
  • Predict future competition through comprehensive pipeline tracking
  • Spot demographic trends that signal emerging demand before others

For Acquisitions Teams:

  • Uncover hidden off-market opportunities through intelligent matching
  • Evaluate assets against true market potential in minutes
  • Cut due diligence time with instant competitive intelligence

 

For Brokers:

  • Transform weeks of manual market research into instant, actionable insights
  • Match investors with opportunities in minutes using dynamic filtering
  • Stay ahead of market shifts with real-time development tracking

Early Market Success

Market Hot Spots is already transforming how industry leaders approach site selection. Early adopters report:

  • Uncovering previously hidden market opportunities through AI-powered data correlation
  • Dramatically streamlined due diligence processes by consolidating multiple data sources
  • Enhanced confidence in investment decisions through comprehensive market intelligence

Experience the Future of Self-Storage Intelligence

For a limited time, PropRise is offering an exclusive package for new clients:

  • 30-minute personalized platform demonstration
  • Custom market analysis for your target region
  • Priority onboarding and dedicated support

About PropRise

PropRise (YC S23) is an AI-powered commercial real estate analytics platform transforming how professionals discover and evaluate high-potential opportunities. The company's platform processes millions of data points across demographics, development activity, and market dynamics to deliver actionable insights that drive better investment decisions.

For more information or to schedule a demo, visit www.proprise.ai.