In Kansas City's real estate landscape, ZIP code 64128 presents a tapestry of opportunities and challenges shaped by notable trends and ownership patterns. The area is characterized by a diverse mix of residential properties, with many assessed at relatively low land values, often below $1,000. This suggests an opportunity for investors seeking affordable entry points for redevelopment or rental income potential. The improvement ratios, frequently above 10, indicate significant enhancements on many properties, hinting at ongoing or recent renovations that could appeal to buyers looking for updated housing options. The presence of numerous properties with improvement ratios at zero suggests vacant lots or undeveloped parcels, which could be ripe for new construction or community development projects.
Ownership in 64128 is notably fragmented, yet certain entities and individuals hold multiple parcels, pointing to small-scale investors or community-focused organizations. The Hope Center Inc. and various family trusts are prominent players, indicating a blend of community investment and private interests. Streets like Bellefontaine and Benton Boulevard are frequently mentioned, highlighting them as potential corridors of activity and growth. The data also reveals a pattern of properties without specific addresses, often associated with rights-of-way or state-held lands, suggesting potential for public-private partnerships in infrastructure or transit-oriented developments. For investors and developers, the key to unlocking 64128's potential lies in identifying and collaborating with these ownership clusters and leveraging the area's existing improvements and community ties.
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No parcels found for this ZIP code.