KCData Parcel Insights

The Kansas City real estate market reveals intriguing patterns and opportunities that savvy investors and developers should note. The concentration of properties with no addresses in the public works and state highway departments hints at potential infrastructure projects, which could drive up land values in surrounding areas. With over 261,000 non-null ownership entries, public entities like KCMO - Public Works and MoDOT own a significant portion, signaling their influence in urban planning and development. The top owner ZIP codes, such as 64106 and 64130, align with the city's urban core, suggesting these areas may experience ongoing public investment and renewal efforts. The average assessed land value across parcels is relatively low, with a notable standard deviation, indicating diverse property valuations and potential opportunities for value-driven investments.

Focusing on ZIP code 64154, we see a robust mix of residential parcels with varying assessed land values and improvement ratios, such as the properties owned by Patrick Shawn Jones and Dixie J Tignor. These parcels exhibit improvement ratios that suggest both developed and underdeveloped properties, offering potential for residential development or redevelopment. The presence of several Trusts and LLCs indicates active investment interest, which might further drive demand and competition in this area. With streets like NW 84th Ter and N Hull Ave featuring prominently, investors could target these residential corridors for future developments, leveraging the existing infrastructure and community dynamics. Overall, ZIP code 64154 presents a promising canvas for strategic investments, poised for growth with a mix of established residences and opportunities for new developments.