KCData Parcel Insights

Kansas City's real estate landscape, particularly in ZIP code 64111, reveals a dynamic mix of ownership patterns and value opportunities. The area is characterized by diverse ownership, with a significant presence of institutional owners like the Housing Authority of Kansas City and various LLCs, which suggests a focus on both residential and commercial redevelopment. The assessed land values in this ZIP code show a broad range, with some properties valued as low as a few hundred dollars, indicating potential for investment and redevelopment, especially in areas where improvement ratios are low. This suggests that there are parcels with underutilized land, ripe for development, particularly in the historic and centrally located areas such as Westport and Midtown.

ZIP code 64111 is also notable for its vibrant street life, with streets like Broadway, Main, and Wyandotte featuring prominently in property addresses, hinting at their commercial viability and cultural significance. The data suggests that there is a clustering of high-value properties and significant improvement ratios around these main thoroughfares, indicative of ongoing urban revitalization efforts. This presents a promising opportunity for investors looking to capitalize on the rising demand for mixed-use developments. The presence of multiple institutional and LLC owners points to a strategic interest in large-scale projects, while the variety in assessed values highlights opportunities for both small-scale investors and large developers to engage in the area's growth. Overall, the trends in 64111 suggest a robust market with potential for both commercial and residential expansion, driven by a mix of historical charm and modern development.