8950 Osage Ave
Sacramento 95829 · Florin Fruitridge Industrial Park · City of Sacramento · Coordinates: 38.52135, -121.37055
Executive Verdict · Public-Records Synthesis
Zoned M-2S-FF in City of Sacramento and mapped FEMA AE flood due diligence; benchmark value $494,000 ($435,000–$553,000).
Upsides & Opportunities
- ✓ 5 documented municipal building permits on file
On-parcel permit history is indexed through Aug 30, 2019, 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
- ! FEMA Special Flood Hazard Area (AE, all of the lot of lot)
Zone AE: 1% annual chance flood (Special Flood Hazard Area) overlaps this parcel. Expect mandatory flood insurance for federally backed loans and floodplain elevation/mitigation rules for new units or SB 9 applications.
Source: FEMA National Flood Hazard Layer (parcel polygon)
- ! Delayed or open permit activity on this parcel
Plan revision / deferred submittal (SUB-1823847): Pending in review for 7.9 yr (70.4× the 41d median) — slower than 90% of plan revision / deferred submittal permits in City of Sacramento (median 41d, 90th pct 190d, n=69).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 1 slow or stalled nearby project within ½ mile
Closest lead: 8981 Osage Avenue Warehouse (0.16 mi NE, fee estimate). 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 (~$6,082/yr at $494,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$507/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:
- 90,169 sq ft (2.07 ac)
- Assessor use:
- Industrial · Multi-tenant · Other
- Tax rate area:
- 03042
- Addresses on lot:
- 5840 S WATT AVE; 5840 S WATT AVE STE A STE A; 5840 S WATT AVE STE B STE B
Zoning & Land Use
M-2S-FF — 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 AE: 1% annual chance flood (Special Flood Hazard Area) (all 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: $435,000 – $553,000 · 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
Nearby Activity (½ mile radius, since November 2024)
0 active or recent development projects and 58 total building permits recorded within ½ mile.
- Additions & renovations19 permits
- Building systems28 permits
- Repairs3 permits
- Other8 permits
Developments Deserving Closer Investigation & Active Area Builders
- 8981 Osage Avenue Warehouse (Fee estimate)0.16 mi NE
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).
- Plan revision / deferred submittal (SUB-1823847) (Abandoned)On this parcel
Pending in review for 7.9 yr (70.4× the 41d median) — slower than 90% of plan revision / deferred submittal permits in City of Sacramento (median 41d, 90th pct 190d, n=69).
Entity-resolved builders & contractors in ½ mile: Commercial Sign Crafters (1 on parcel, 1 in ½ mi · Sign); Burdette Construction (9 in ½ mi · Commercial tenant improvement); Borrellis Electric (8 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).
Permit & Project History on This Parcel (5 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-1916610 | Plan revision / deferred submittal | Complete | App. Aug 30, 2019 | — | EXPEDITED - REVISION TO COM-1824320: Relocate equipment on plans as in field. |
| SIG-1913204 | Sign | Finaled | Iss. Aug 22, 2019 | $6,500 | Install attached / non-illuminated dimensional letter sign |
| COM-1914154 | Plan revision / deferred submittal | Complete | App. Jul 29, 2019 | — | EXPEDITED - Revision to COM-1824320-Door changes, exhaust mounting at roof, gas line size changed. |
| COM-1824320 | Commercial tenant improvement | Certificate of Occupancy | Iss. Apr 15, 2019 | $30,000 | EXPEDITED - EPC Submittal - Installation of pre-manufactured paint booth into auto repair shop. proposing to change the… |
| SUB-1823847 | Plan revision / deferred submittal | Abandoned | App. Dec 17, 2018 | $30,000 | EPC Submittal - Addition to Commercial Building - Installation of pre-manufactured paint booth into auto repair shop. We… |