In the Kansas City real estate market, a notable trend is the clustering of ownership among various governmental and large entity owners. The top three owners by parcel count—KCMO - Public Works, MoDOT, and KCMO - Parks—together hold a significant portion of the city's parcels, reflecting a substantial municipal investment in infrastructure and public amenities. This concentration of ownership, particularly in zip codes like 64106 and 64130, suggests that areas with high public ownership might benefit from future public projects and infrastructure improvements, potentially driving up property values in adjacent areas. Furthermore, the assessed land values in Kansas City demonstrate a wide range, with some parcels valued as low as $0 and others reaching nearly $19.4 million, indicating diverse development opportunities from vacant plots to high-value commercial ventures.
Focusing on ZIP code 64158, the data reveals a strong presence of single-family homes with relatively uniform assessed land values around $7,600, and a notable improvement ratio averaging around 5. This suggests a stable residential area with potential for renovation and value enhancement projects. The area shows a mix of both individual and institutional ownership, with some parcels owned by entities like Wildflower KC LLC, indicating possible investment interest. Streets like Eastern Ave and Booth Ave showcase multiple parcels with high improvement ratios, suggesting recent or ongoing developments. With a strategic location near major highways, such as M 152, and a blend of residential and commercial addresses, ZIP code 64158 offers promising opportunities for both residential developers and commercial investors looking to tap into the growth of suburban Kansas City.
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No parcels found for this ZIP code.