KCData Parcel Insights

In the Kansas City real estate market, particularly within ZIP code 64114, several prominent trends and opportunities have emerged. The area is characterized by a diverse array of property values, with assessed land values ranging from modest plots to more substantial parcels, reflecting a broad spectrum of investment potential. The improvement ratio, which indicates the extent of development on the land, varies significantly, suggesting that while some properties are fully developed, others offer untapped potential for enhancement and increased value. This variability presents a unique opportunity for investors to either capitalize on existing developed properties or invest in underdeveloped parcels for future growth. Moreover, ownership patterns reveal a mix of individual owners and trusts, indicating a stable residential community alongside potential investment opportunities for those looking to acquire properties from trust entities which may be less emotionally tied to the land.

The location within ZIP code 64114 is strategically positioned with easy access to major thoroughfares like Ward Parkway and Wornall Road, enhancing its appeal for both residential and commercial use. The presence of long-standing businesses and community services adds to the neighborhood's stability, making it an attractive area for both living and investment. Additionally, the clustering of properties owned by LLCs and trusts suggests a concentration of investment interests, indicating confidence in the area's growth potential. Investors should consider the long-term benefits of purchasing properties within this community, as it offers both the reliability of established infrastructure and the potential for property value appreciation as development continues. The blend of residential charm and commercial viability makes 64114 a promising area for strategic real estate investments.