4040 Florin Rd
Sacramento 95823 · Parkway · City of Sacramento · Coordinates: 38.49392, -121.45927
Executive Verdict · Public-Records Synthesis
Zoned C-2 in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $477,000 ($420,000–$534,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$80,784 contributory est.)
Public building records show issued construction/renovation work on this parcel (2 total permits, latest Jan 15, 2026).
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)
- ! Delayed or open permit activity on this parcel
Remodel / interior alteration (COM-2511458): Issued after 2 mo — slower than 90% of remodel / interior alteration permits in City of Sacramento (median 4d, 90th pct 55d, n=8,151).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 2 slow or stalled nearby projects within ½ mile
Closest lead: Luther Gardens Senior Apartments (0.29 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 (~$5,888/yr at $477,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$491/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:
- 101,930 sq ft (2.34 ac)
- Assessor use:
- Retail / Commercial · Large Retail · Furniture
- Tax rate area:
- 03145
- Addresses on lot:
- 4040 FLORIN RD
Zoning & Land Use
C-2 — General Commercial Zone (C)
2040 General Plan: Residential Mixed Use (FAR up to 4)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned C-2 (commercial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned C-2 (commercial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned C-2 (commercial), 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: $420,000 – $534,000 · 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 Senior Apartments (Entitled)0.29 mi W
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).
- Remodel / interior alteration (COM-2511458) (Expired Permit)On this parcel
Issued after 2 mo — slower than 90% of remodel / interior alteration permits in City of Sacramento (median 4d, 90th pct 55d, n=8,151).
- 7385 Mandy Dr ADU (Entitled)0.3 mi S
In "Entitled" for 4.9 yr (since Dec 8, 2021), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657).
- Demolition at 7282 Franklin Blvd (Applied)370 ft SE
project_name changed to "23-018957 7282 Franklin Blvd. com wrecking permit" in snapshot Nov 1, 2026.
Entity-resolved builders & contractors in ½ mile: Century Commercial Service (1 on parcel, 1 in ½ mi · Remodel / interior alteration); Gp Development (12 in ½ mi · Commercial tenant improvement); Global Solutions (6 in ½ mi · New commercial / non-residential building); Danami Construction (4 in ½ mi · Commercial tenant improvement); Osb Builders (4 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (2 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2600866 | Plan revision / deferred submittal | Complete | App. Jan 15, 2026 | — | EPC - REVISION TO COM-2511458 - Revised equipment anchorage details based on site conditions and constructability. |
| COM-2511458 | Remodel / interior alteration | Expired Permit | Iss. Jul 31, 2025 | $153,000 | EPC - Demolition and like-for-like replacement of existing AC units #1-6, remove existing AC-1 through AC-6. Disconnect … |