KCData Parcel Insights

The Kansas City real estate landscape reveals intriguing patterns and opportunities, particularly in areas like ZIP code 64153. One of the most notable trends is the high concentration of properties owned by organizations such as home associations and city entities, with a significant number of parcels owned by the City of Kansas City and various homeowners' associations. This indicates a strong institutional presence in the region, potentially stabilizing property values and fostering community amenities. Furthermore, the parcel data shows a wide range in assessed land values, with some properties assessed at zero, hinting at potential for new development or redevelopment projects, particularly along major thoroughfares like NW Tiffany Springs Parkway and Ambassador Drive. This area, characterized by a mix of residential and commercial properties, presents a ripe opportunity for investors looking to capitalize on the region's growth and infrastructure development.

In ZIP code 64153, there is a notable disparity in improvement ratios, with many properties showing high improvement values relative to land value, a potential indicator of recently enhanced or well-maintained properties. This suggests a trend towards property renovation and improvement, possibly driven by the area's proximity to transportation hubs like the Kansas City International Airport. Additionally, the presence of numerous 'No Address' parcels, particularly in public works domains, suggests undeveloped land that could be strategically acquired for future projects. The data also highlights several streets with high property counts, such as NW 86th Street and NW 87th Terrace, which could be key areas for targeted real estate development, given their connectivity and existing infrastructure. Overall, the combination of institutional ownership, diverse assessed values, and strategic location offers a dynamic environment for real estate investors and developers to explore innovative opportunities in Kansas City.