KCData Parcel Insights

The Kansas City real estate market is characterized by a diverse ownership landscape, with several large public and private entities holding substantial property portfolios. The most notable are city-related entities like KCMO Public Works and the Missouri Department of Transportation, which together own tens of thousands of parcels. This suggests a significant portion of land is dedicated to infrastructure and public use, potentially limiting residential and commercial development in certain areas. However, the presence of entities like the Land Bank of Kansas City and the Kansas City MO Homesteading Authority indicates opportunities for investors interested in redevelopment projects, especially in areas with underutilized or vacant parcels. The distribution of property ownership is also diverse, with a wide range of distinct owners, hinting at a competitive market with varied investment strategies.

In ZIP code 64151, a mix of residential and commercial properties can be seen, with notable clustering of addresses along major streets and avenues such as Waukomis Dr and Prairie View Rd. The improvement ratios in this area vary significantly, indicating a range of property conditions and potential for value addition through renovation or redevelopment. The assessed land values are moderate, suggesting that the area might offer affordable investment opportunities relative to more developed parts of the city. Additionally, several properties are owned by trusts or individuals with multiple properties, reflecting a trend of investment-minded ownership. The presence of numerous addresses without assigned property values or improvement ratios further underscores the potential for development or re-investment in this area, making it a ripe opportunity for savvy investors looking to capitalize on underdeveloped parcels.