KCData Parcel Insights

The Kansas City real estate market, particularly in ZIP code 64130, offers a mix of opportunities and challenges for investors and developers. The data indicates a strong presence of public and institutional ownership, with entities like the Land Bank of Kansas City Missouri holding a significant number of parcels. This suggests the potential for public-private partnerships or acquisitions aimed at revitalizing underdeveloped areas. The assessed land values in this ZIP code tend to be on the lower side, reflecting its transitional nature, but also indicating potential for appreciation as development efforts intensify. Streets such as Brooklyn, Agnes, and Garfield see frequent listings, suggesting these areas could be ripe for investment, especially when improvements are factored into the equation.

A closer look at the improvement ratios in 64130 reveals a wide range, signaling diverse property conditions and investment potential. Properties with high improvement ratios might offer immediate return on investment through rental income, while those with lower ratios might be better suited for redevelopment or renovation projects. The prevalence of null or low improvement ratios in many parcels could indicate parcels that are ripe for redevelopment. Additionally, strategic locations like Prospect Avenue and Swope Parkway offer connectivity and visibility, making them attractive for commercial or mixed-use developments. As the area continues to evolve, opportunities for innovative projects that align with community goals and city planning efforts could yield significant rewards for forward-thinking investors.