In ZIP code 64117, the sample data showcases a mix of residential properties with varying improvement ratios, indicating differing levels of investment and property enhancement. The improvement ratios, often above 4, suggest that many properties have seen substantial improvement investments relative to the land value, signifying a neighborhood in transition or with ongoing developments. Ownership in this area is diverse, with individuals like Mark Propst and companies such as Cerner Property Development Inc. holding parcels. This diversity suggests a dynamic market with opportunities for both small-scale investors and larger development firms. The presence of properties with low assessed land values but higher improvement ratios highlights the potential for growth and value addition, especially in areas like N Bales Ave and NE Russell Rd, which could be ripe for redevelopment or increased residential interest. Additionally, the frequent null addresses in this ZIP code indicate parcels that may be underutilized or represent untapped potential for future development.