KCData Parcel Insights

The Kansas City real estate landscape reveals distinct patterns in ownership and property values, particularly driven by public entities and significant landholders. A notable trend is the dominance of public ownership, with the KCMO Public Works, MoDOT, and the Land Bank of Kansas City Missouri spearheading landholding, indicating a substantial portion of the real estate is under public or quasi-public control. This pattern suggests that strategic partnerships with these entities could unlock opportunities for development or redevelopment projects, especially in areas where public infrastructure improvements are planned. Additionally, the concentration of properties in ZIP codes like 64106, 64130, and 64155 points to potential growth corridors where investment in residential or mixed-use developments could be particularly rewarding. The diverse range of assessed land values, with significant variances between the minimum and maximum values, underscores the opportunity for both high-end and affordable housing projects.

Focusing on ZIP code 64165, a microcosm of Kansas City's broader trends, we observe a pattern of private ownership with a mix of new developments and older properties. The uniformity in assessed land value—predominantly around $7,600—paired with varied improvement ratios, signals ongoing residential development. The presence of numerous individual owners like Thomas Matthew G, Jeffrey and Cynthia Cain, and others, suggests a predominantly owner-occupied residential area, which could be a stable market for single-family home investments. Streets such as Wayne Ave, Highland Ave, and 123rd St are key residential arteries with a mix of established homes and potential infill development sites. The consistent improvement ratios above 4.5 hint at well-maintained properties, yet the presence of parcels with null values also presents redevelopment potential, offering a fertile ground for investors looking to capitalize on underutilized spaces.