KCData Parcel Insights

Kansas City's real estate market exhibits notable trends, particularly regarding ownership and property values. A significant portion of properties is owned by public entities such as KCMO - Public Works, MoDOT, and the Land Bank of Kansas City, Missouri. This ownership pattern suggests a substantial amount of public land that could be repurposed or developed, presenting potential opportunities for private investors looking to collaborate with public bodies on development projects. Additionally, the average assessed land value is relatively low at $15,734.62, with a considerable standard deviation, indicating a broad range of property values. This variation in property values may offer opportunities for investors to acquire undervalued properties for redevelopment or value addition.

Focusing on ZIP code 64109, the area reflects a diverse mix of property usage and ownership patterns. Streets like Charlotte, Paseo, and Troost are prominent, with several properties having high improvement ratios, indicating developed areas with potential for further value addition through strategic improvements. Ownership by individuals and LLCs such as Cariv LLC and Staying Power Incorporated reflects active investment interest in the area. Properties with low assessed land values and varying improvement ratios suggest hidden gems that could be transformed into profitable investments with the right strategy. The presence of multiple addresses under a single ownership entity, like Ivanhome, highlights potential for bulk property transactions, which could be appealing for developers seeking larger-scale projects. Overall, ZIP code 64109 presents a mix of established residential areas and opportunities for revitalization and investment growth.