KCData Parcel Insights

The Kansas City real estate market displays intriguing trends and opportunities, particularly in ZIP code 64163. With a notable concentration of properties owned by large public and private entities such as the KCMO Public Works and Hunt Midwest Real Estate Development Inc, the area presents unique investment prospects. The presence of major roadways and infrastructure, as highlighted by frequent mentions of addresses like "0 N I 29 Hwy Off Ramp" and "0 NW I 435 Hwy Off Ramp," underscores the strategic importance of this location for future development. The assessed land values in this ZIP code are relatively modest, with many properties having low or null assessed improvement values, suggesting potential for redevelopment and appreciation as improvements are made. This aligns with broader patterns in the Kansas City area, where land values average around $15,734.62, potentially offering a low entry point for investment with high upside.

In ZIP code 64163, there is a distinct pattern of residential ownership with a mix of private individuals and trusts, such as the "North Star LLC" and "International Brotherhood Building Corporation," indicating a diverse ownership landscape. Many properties have significant improvement ratios, suggesting that while the land value might be low, the improvements add substantial value, which could attract investors interested in flipping or leasing properties. The abundance of addresses with null improvement values also suggests a potential for new construction or significant renovations. Additionally, the variety of street names like "Mexico City Ave" and "Cookingham Dr" point to a well-connected area, enhancing its appeal for both residential and commercial development. Overall, the combination of low land values, strategic location, and diverse ownership provides a fertile ground for investors looking to capitalize on the growth and transformation of Kansas City's real estate market.