KCData Parcel Insights

The Kansas City real estate market showcases significant ownership clusters and value patterns, particularly in the 64030 ZIP code, which reveals both opportunities and challenges for investors. Notably, public entities like the KCMO Public Works dominate ownership, with over 40,000 parcels under their control, indicating a potential abundance of municipally managed properties. This could present opportunities for public-private partnerships or redevelopment projects, especially in areas with low assessed land values and high improvement ratios. The data reflects that the average assessed land value is relatively low compared to the assessed improvement value, suggesting a potential for appreciation if strategic improvements are made. Additionally, the presence of numerous properties with no listed address hints at underutilized parcels that savvy investors could acquire and develop.

In ZIP code 64030 specifically, the data indicates a mix of residential and commercial opportunities, with parcels showing varied improvement ratios and ownership by both individuals and LLCs. For instance, the presence of multiple properties owned by entities such as Baraka Homes LLC and Total Construction Company LLC suggests a trend towards investment and development in this area. Streets like Prospect Avenue and Robinson Pike Road, heavily featured in property listings, could be focal points for future growth, especially given the low assessed land values that present cost-effective entry points for development. Moreover, the high number of properties with minimal improvement ratios indicates room for development and value addition, potentially increasing the attractiveness of the area for future residents and businesses. These insights highlight the potential for investors to capitalize on undervalued properties and foster community growth through thoughtful development strategies.