KCData Parcel Insights

In Kansas City, one of the most noticeable trends in the real estate market is the prevalence of ownership by public and large institutional entities. For example, "KCMO - Public Works" and the "Land Bank of Kansas City Missouri" are among the top property owners, indicating that a significant portion of land is under public or semi-public control. This trend is particularly pronounced in ZIP code 64126, where many parcels are owned by individuals or small groups, suggesting an opportunity for investors to acquire properties in areas with less competition from large institutional owners. Additionally, the data reveals a noticeable cluster of properties with relatively low assessed land values and varying improvement ratios, indicating opportunities for value-add investments where physical improvements could significantly increase property value.

In ZIP code 64126 specifically, the assessed land values are predominantly low, with many properties having an assessed land value below the citywide average. This pattern, coupled with a wide range of improvement ratios, suggests a market ripe for redevelopment and rehabilitation projects. Locations like Ewing Ave, Winchester Ave, and Bennington Ave show potential for growth, with many properties having minimal improvements but significant land value differences that can be leveraged for future gains. The presence of both residential and commercial properties in this area, along with the diversity of ownership, points to a dynamic market where strategic investments can capitalize on the existing infrastructure and the potential for neighborhood revitalization. This mix of low acquisition costs and high potential for improvement makes ZIP code 64126 an attractive target for savvy investors looking to make a mark in Kansas City's evolving real estate landscape.