KCData Parcel Insights

The Kansas City real estate market presents intriguing trends and opportunities, particularly when examining patterns across ZIP codes. In the broader market, a significant cluster of ownership is evident among government entities and large organizations, with KCMO - Public Works and MoDOT holding the lion's share of properties. This concentration suggests a strong presence of public infrastructure and potentially untapped opportunities for private redevelopment or public-private partnerships. The presence of numerous properties with no listed addresses, such as ROW-STR-PW (Right of Way - Street Public Works), points towards potential development or repurposing opportunities in areas currently used for infrastructure or utilities. Additionally, the high number of distinct property addresses and owner names indicates a diverse market with various stakeholders, fostering a competitive environment for investors.

Focusing on ZIP code 64116 reveals a microcosm of the broader market dynamics. This area features a mix of residential and commercial properties, with significant variations in assessed land values and improvement ratios. Notably, the presence of entities like Falcon Falls LLC and Jones Iron & Metal Inc underscores the potential for industrial and commercial development. Properties such as those with high improvement ratios, like those owned by Falcon Falls LLC, highlight opportunities for value appreciation through strategic improvements or renovations. The diversity in property types—from single-family homes to industrial sites—coupled with the area's infrastructure connections, positions ZIP code 64116 as a promising locale for investors looking to capitalize on both residential growth and commercial expansion. The area's varied street names and property addresses further signify a rich tapestry of development potential, ripe for exploration by savvy investors.