KCData Parcel Insights

The Kansas City real estate market is characterized by several notable trends and patterns that are shaping its landscape. A striking feature is the concentration of parcels and ownership by public entities, with KCMO Public Works owning a substantial number of parcels (40,402). This indicates significant municipal influence over land use, which could mean opportunities for public-private partnerships or redevelopment projects. The dataset reveals that ZIP code 64106 is particularly noteworthy with 45,666 parcels, making it the most densely packed area in terms of property ownership. This density suggests a vibrant, urban setting with potential for high-demand residential or mixed-use developments. Furthermore, the average assessed land value across the city is relatively low at $15,734.62, which may offer attractive entry points for investors looking to capitalize on anticipated urban growth and redevelopment efforts.

In ZIP code 64106, there is a fascinating mix of historical and modern properties, with many addresses along Walnut Street and Admiral Boulevard indicating a blend of residential and commercial uses. The improvement ratios in this area vary widely, suggesting a diverse property condition landscape. This variance presents opportunities for value-add investments where investors can acquire properties with low improvement ratios and enhance them to capitalize on the area's urban appeal. Additionally, the presence of numerous LLCs and trusts as property owners in this ZIP code indicates a trend towards investment-driven ownership, reflecting confidence in the area’s long-term potential. Overall, the data suggests that Kansas City, especially areas like 64106, is ripe for strategic investments that leverage public land holdings and capitalize on the mixed-use, high-density environment.