KCData Parcel Insights

In the Kansas City real estate market, one of the most significant observations is the dominance of public entities and large organizations in property ownership. The City of Kansas City, MoDOT, and various public works departments collectively own a substantial number of parcels, as evidenced by the top owner's list. This concentration of ownership by public entities, particularly in strategic areas such as highways and state roads, suggests a robust infrastructure investment in the region. The prevalence of properties with no assessed improvement value or land value, such as those held by MoDOT, highlights key areas that could be ripe for development or public-private partnerships. The assessed land values have a wide range, but the average figures suggest there is potential for significant appreciation, particularly in underdeveloped or infrastructure-heavy zones.

In ZIP code 64068, the pattern of ownership heavily features MoDOT, which indicates a strategic focus on transportation corridors and connectivity improvements. This prevalence suggests opportunities for investors looking to capitalize on infrastructure developments that enhance accessibility and connectivity. The presence of addresses with "No Address" or those labeled as "ROW-STR-PW" points to areas likely dedicated to right-of-way or public works, potentially limiting private development but also indicating significant public investment that could spur surrounding property value increases. Meanwhile, the lack of assessed land values in many parcels could indicate potential for future assessments and tax revenue as development progresses. This ZIP code, with its strategic positioning and infrastructure improvements, presents a compelling opportunity for investors to leverage public sector developments for potential private sector gains.