In Kansas City, a significant trend emerging in the real estate landscape is the prevalence of public and government ownership, as evidenced by the top property owners being entities like KCMO - Public Works and MoDOT. This ownership concentration suggests a substantial portion of land is tied to infrastructure or public services, which could imply limited immediate availability for private development but significant potential for future public-private partnerships. ZIP code 64119, notable for its high parcel count, stands out as a vibrant area with a diverse array of ownership, including individual investors and investment companies like Curry Investment Co. The area's substantial number of distinct property addresses points to a rich mix of residential and commercial opportunities, underpinned by a moderate assessed land value that offers relatively affordable entry points for new investors.
The assessed improvement values across Kansas City reveal a high variance, indicating a market with both underdeveloped parcels and highly improved properties. In ZIP code 64119, the improvement ratios vary widely, showcasing properties with significant development potential, especially for those with lower ratios, suggesting room for value-adding renovations or redevelopment. Streets like Drury and Denver Avenue, with multiple entries in the dataset, could signify areas of heightened activity or potential growth corridors. For savvy investors, these insights highlight the opportunity to capitalize on the mix of stable public ownership and dynamic private investment, particularly in areas like 64119 where infrastructure and residential developments are interwoven, creating a fertile ground for strategic acquisitions and developments.
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No parcels found for this ZIP code.