KCData Parcel Insights

The Kansas City real estate market is characterized by a significant concentration of parcels owned by public entities, such as KCMO - Public Works and MoDOT, which collectively own tens of thousands of parcels. This suggests a strong presence of public infrastructure and potential for future development projects in areas under public ownership. Additionally, the high number of non-null and distinct property addresses indicates a vibrant market with a variety of unique parcels, though a notable number of parcels lack specific addresses, likely due to their location along roadways or infrastructure projects. The assessed land and improvement values show a wide range, highlighting the diverse nature of property investments in the region, with opportunities for both high-end developments and more modest projects.

In the 64123 ZIP code specifically, there is a noticeable pattern of individual and small-scale ownership, with many properties owned by private individuals and families. The improvement ratios for these properties vary significantly, with some parcels showing a high level of improvement relative to their land value, indicating areas where redevelopment or renovation has taken place. Streets like St John Ave, Chelsea Ave, and Gladstone Blvd are prominent, suggesting these could be key corridors for investment and growth. The diversity of street names and the presence of both residential and commercial addresses point to a mixed-use environment, which could attract a range of investors looking to capitalize on both residential housing demand and commercial opportunities in this evolving neighborhood.