7246 Franklin Blvd
Sacramento 95823 · Parkway · City of Sacramento · Coordinates: 38.49347, -121.46077
Executive Verdict · Public-Records Synthesis
Zoned C-2 in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $442,000 ($389,000–$495,000).
Upsides & Opportunities
- ✓ 3 documented municipal building permits on file
On-parcel permit history is indexed through Aug 3, 2020, 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)
- ! Delayed or open permit activity on this parcel
Commercial tenant improvement (COM-1918751): Issued after 9 mo (4.5× the 63d median) — slower than 90% of commercial tenant improvement permits in City of Sacramento (median 63d, 90th pct 201d, n=2,366).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 3 slow or stalled nearby projects within ½ mile
Closest lead: Luther Gardens Senior Apartments (0.2 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 (~$5,489/yr at $442,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$457/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:
- 47,045 sq ft (1.08 ac)
- Assessor use:
- Retail / Commercial · Small Retail · Multi-Tenant
- Tax rate area:
- 03145
- Addresses on lot:
- 7246 FRANKLIN BLVD; 7248 FRANKLIN BLVD; 7250 FRANKLIN BLVD
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: $389,000 – $495,000 · 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)0.2 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).
- Luther Gardens Apartments for Seniors (Entitled)0.49 mi NW
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).
- Commercial tenant improvement (COM-1918751) (Finaled)On this parcel
Issued after 9 mo (4.5× the 63d median) — slower than 90% of commercial tenant improvement permits in City of Sacramento (median 63d, 90th pct 201d, n=2,366).
- 7385 Mandy Dr ADU (Entitled)0.28 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).
Entity-resolved builders & contractors in ½ mile: Commer Kitchen Services (1 on parcel, 1 in ½ mi · Commercial tenant improvement); Pacific Polymers (1 on parcel, 1 in ½ mi · Roof replacement); Hci (1 on parcel, 1 in ½ mi · Fire alarm / sprinkler); Gp Development (12 in ½ mi · Commercial tenant improvement); Global Solutions (6 in ½ mi · New commercial / non-residential building).
Permit & Project History on This Parcel (3 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2011945 | Fire alarm / sprinkler | Finaled | Iss. Aug 3, 2020 | $1,200 | EPC-Install Ansul hood and duct fire suppression system only. |
| COM-1918751 | Commercial tenant improvement | Finaled | Iss. Jul 7, 2020 | $60,000 | EPC - Convert 325-sf of existing merchandise area into food service with plumbing, mechanical, & electrical associated w… |
| COM-1816048 | Roof replacement | Finaled | Iss. Aug 20, 2018 | $50,000 | E-Permit: Tear Off - No, Resheet - No, 1 layer(s), 150 squares of polyurethane foam & coating. CRRC: 0684-0002 |