7000 Franklin Blvd Ste 400
Sacramento 95823 · Parkway · City of Sacramento · Coordinates: 38.49942, -121.46214
Executive Verdict · Public-Records Synthesis
Zoned M-1S in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $415,000 ($365,000–$465,000).
Upsides & Opportunities
- ✓ 5 documented municipal building permits on file
On-parcel permit history is indexed through Aug 27, 2021, letting you verify roof, HVAC, electrical, or structural work against seller disclosures.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
Watchouts & Due Diligence
- ! Mapped flood awareness zone (Zone X: reduced flood risk due to levee)
all of the lot of the parcel intersects Zone X: reduced flood risk due to levee. Outside mandatory federal SFHA insurance rules, but check local drainage and finished-floor requirements.
Source: FEMA National Flood Hazard Layer (parcel polygon)
- ! 2 slow or stalled nearby projects within ½ mile
Closest lead: Luther Gardens Apartments for Seniors (0.17 mi W, entitled). Inspect timeline history before assuming near-term completion.
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · HCD APR (½-mile radius)
- ! Year 1 Prop 13 tax reset (~$5,181/yr at $415,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$432/mo). Confirm exact Mello-Roos / CFD special assessments on the county tax bill.
Source: CA Const. Art. XIIIA (Prop 13) · County Tax Collector
Parcel & Assessor
- Lot size:
- 10,800 sq ft (0.25 ac)
- Assessor use:
- Office · Office (General) · One Story
- Tax rate area:
- 03175
- Addresses on lot:
- 7000 FRANKLIN BLVD STE 400 STE 400; 7000 FRANKLIN BLVD STE 410 STE 410; 7000 FRANKLIN BLVD STE 420 STE 420
Zoning & Land Use
M-1S — Light Industrial Zone (I)
2040 General Plan: Residential Mixed Use (FAR up to 4)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned M-1 (industrial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned M-1 (industrial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned M-1 (industrial), not a single-family residential zone.
Mapped Hazard Zones on This Lot
- CAL FIRE Fire Hazard Severity Zone
- Not in a State-mapped fire hazard severity zone
- FEMA National Flood Hazard Layer
- Zone X: reduced flood risk due to levee (all of the lot) · FIRM panel 06067C0302H, effective August 16, 2012
- CGS Alquist-Priolo Earthquake Fault Zone
- Not in an Alquist-Priolo Earthquake Fault Zone
Surrounding Rent & Value Benchmarks (Public Records)
Range: $365,000 – $465,000 · Status: Off market
HUD Small Area FMR (ZIP 95823) · FY 2026
Studio $1,530 · 1BR $1,610 · 2BR $1,980 · 3BR $2,640 · 4BR $3,040
Developments Deserving Closer Investigation & Active Area Builders
- Luther Gardens Apartments for Seniors (Entitled)0.17 mi W
In "Entitled" for 7 yr (since Nov 5, 2019), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (16 housing units across 0 permits).
- Luther Gardens Senior Apartments (Entitled)0.47 mi S
In "Entitled" for 4.7 yr (since Feb 15, 2022), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (24 housing units across 0 permits).
- Demolition at 7282 Franklin Blvd (Applied)0.47 mi SE
project_name changed to "23-018957 7282 Franklin Blvd. com wrecking permit" in snapshot Nov 1, 2026.
- Florin Shell (Finaled / completed)0.29 mi SE
High-impact scale ($1,080,000 declared valuation across 17 permits).
Entity-resolved builders & contractors in ½ mile: Osb Builders (1 on parcel, 4 in ½ mi · Commercial tenant improvement); California Rainguard (1 on parcel, 1 in ½ mi · Roof replacement); Fire Zone Extinguisher (1 on parcel, 1 in ½ mi · Commercial tenant improvement); Garrahan Electric (1 on parcel, 1 in ½ mi · Electrical / panel); Gp Development (12 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (5 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2118762 | Commercial tenant improvement | Expired Application | App. Aug 27, 2021 | $13,500 | EPC - Installation of a pre-fab spray booth. |
| COM-2111172 | Plan revision / deferred submittal | Complete | App. May 25, 2021 | — | EPC - revision COM-2102077 field correction notice: revised floor plan needed to correct approved plans that show an ex… |
| COM-2102077 | Commercial tenant improvement | Expired Permit | Iss. Apr 15, 2021 | $59,500 | EPC - UNIT# 440 & 450 - INTERIOR DEMO. / REMODEL OF (B-M-E-P): DEMOLITION OF EXISTING INTERIOR PARTITIONS 2. DEMOLITIO… |
| COM-2100259 | Roof replacement | Finaled | Iss. Jan 7, 2021 | $50,000 | H# 20-023043- 7010 Franklin Blvd- Remove existing mineral surface built-up roofing. Install two layers of FT-10 fire und… |
| COM-1700331 |