8981 Osage Ave
Sacramento 95829 · Florin Fruitridge Industrial Park · City of Sacramento · Coordinates: 38.52297, -121.36857
Executive Verdict · Public-Records Synthesis
Zoned M-2S-R in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $155,000 ($136,000–$174,000).
Upsides & Opportunities
- ✓ 1 documented municipal building permit on file
On-parcel permit history is indexed through May 3, 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)
- ✓ Above-average reinvestment in Florin Fruitridge Industrial Park
46 substantial renovation & housing permits over 24 months (174.2 per 1,000 parcels vs. 30.4 citywide baseline) (#40 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Florin Fruitridge Industrial Park)
Watchouts & Due Diligence
- ! Mapped flood awareness zone (Zone X: minimal flood hazard)
about 96% of the lot of the parcel intersects Zone X: minimal flood hazard. 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
8981 Osage Avenue Warehouse: In "Fee estimate" for 5.5 yr (since May 3, 2021), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657). High-impact scale ($10,000,000 declared valuation across 1 permit).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! Year 1 Prop 13 tax reset (~$2,217/yr at $155,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$185/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:
- 426,452 sq ft (9.79 ac)
- Assessor use:
- Vacant · Acreage (Under 10ac)
- Tax rate area:
- 03318
- Addresses on lot:
- 8981 OSAGE AVE
Zoning & Land Use
M-2S-R — Heavy Industrial Zone (I)
2040 General Plan: Industrial Mixed Use (FAR up to 1)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned M-2 (industrial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned M-2 (industrial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned M-2 (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: minimal flood hazard (about 96% of the lot); Zone X: 0.2% annual chance flood hazard (shaded X) (about 4% of the lot) · FIRM panel 06067C0215H, 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: $136,000 – $174,000 · Status: Off market
HUD Small Area FMR (ZIP 95829) · FY 2026
Studio $2,110 · 1BR $2,210 · 2BR $2,720 · 3BR $3,620 · 4BR $4,170
Developments Deserving Closer Investigation & Active Area Builders
- 8981 Osage Avenue Warehouse (Fee estimate)On this parcel
In "Fee estimate" for 5.5 yr (since May 3, 2021), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657). High-impact scale ($10,000,000 declared valuation across 1 permit).
- New multifamily / condos / mixed-use (COM-2109405) (Estimate)On this parcel
Pending in review for 5.5 yr (9.6× the 210d median) — slower than 90% of new multifamily / condos / mixed-use permits in City of Sacramento (median 210d, 90th pct 627d, n=199).
Entity-resolved builders & contractors in ½ mile: Burdette Construction (9 in ½ mi · Commercial tenant improvement); Buzz Oates Construction (7 in ½ mi · New commercial / non-residential building); Mountain Valley Construction (6 in ½ mi · Commercial tenant improvement); Nutech Alternative Energy (4 in ½ mi · Commercial tenant improvement); Deacon Construction (4 in ½ mi · Addition (adds square footage)).
Permit & Project History on This Parcel (1 permits, 1 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2109405 | New multifamily / condos / mixed-use | Estimate | App. May 3, 2021 | $10,000,000 | EPC: Construction of an approximately 148,000SF (5,000 office space, 143,0000 S-2) warehouse and associated site improve… |