Sacramento 95838 · Raley Industrial Park · APN 238-0220-046-0000 · City of Sacramento
Since October 2024 within ½ mile: 1 homes completed, 4 permitted, 4 proposed or in review; 2 demolitions; 2 commercial or mixed-use projects.
13 projects with a record in this window, grouped by us from permits and State housing reports. Units are as proposed on each project's latest record and counted at its current stage.
161 permits within ½ mile since October 2024
The map shows new construction, ADUs, demolitions, additions, and renovations. Routine systems work (roofs, HVAC, water heaters) is counted but not mapped. Unit counts are as stated on permits.
$404,000
Benchmark range: $356,000 – $452,000
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: permits located by parcel, ½ mile radius · Source updated Oct 1, 2026 · Retrieved Oct 22, 2026
Public-records benchmark estimate combining Zillow Home Value Index (Data provided by Zillow), Census ACS 5-year estimates, parcel land-use/lot characteristics, and issued building permits. Not an official appraisal.
Permit counts, by the date issued (or applied, if not yet issued). Lot splits are planning cases, which we don't have.
We read public zoning and hazard maps against state law (ADUs: Gov. Code 66314; SB 9: Gov. Code 65852.21 and 66411.7). Local rules, title, tenancy history and site conditions can change the answer. Check with City of Sacramento's planning department before relying on it.
Sources: City of Sacramento CDD, Zoning (retrieved Oct 22, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the State Responsibility Area (effective 2024-04-01) (retrieved Oct 26, 2026) · CAL FIRE Office of the State Fire Marshal, Fire Hazard Severity Zones in the Local Responsibility Area (map dated 2025-03-24) (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — flood hazard zones (retrieved Oct 26, 2026) · FEMA, National Flood Hazard Layer — FIRM panels (retrieved Oct 26, 2026) · California Geological Survey, Alquist-Priolo Earthquake Fault Zones (retrieved Oct 26, 2026) · Zoning classes: our classification of M-1 as industrial, checked against the zone description on Oct 24, 2026
Chronological history of building permit applications and issuances, snapshot-dated status changes, State housing entitlements, surrounding development within ½ mile, and area home-value trends.
In "Entitled" for 6.2 yr (since Aug 12, 2020), with no new permit record in 6.2 yr. · 1 unit
In "Entitled" for 5.6 yr (since Apr 6, 2021), with no new permit record in 5.6 yr. · 1 unit
In "Fee estimate" for 5.4 yr (since May 19, 2021), with no new permit record in 5.4 yr. · $6,555,918 declared valuation
In "Entitled" for 4.5 yr (since May 10, 2022), with no new permit record in 4.5 yr. · 1 unit
In "Fee estimate" for 5.5 yr (since May 17, 2021), with no new permit record in 4.2 yr. · $1,019,479 declared valuation
Permit issued and active for 5.2 yr (first record Aug 18, 2021), with no completion or new permit record in 2.1 yr. · $1,752,628 declared valuation
Latest published Zillow Home Value Index (ZHVI) update
Changed from $392,665 in September 2025 to $392,307 in September 2026.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 95838 (not a parcel appraisal)
4727 Raley Blvd · 1 unit · $63,731 valuation
Records span Aug 3, 2026 to Aug 12, 2026 (1 permit).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
4282 Fell St · 1 unit · $358,096 valuation
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Sign permit issued (SIG-2605634)
SIGN "GROUNDWORKS"
EPC - Fabricate and Install Channel Letters on Raceway to say "Groundworks" · Declared valuation: $14,800 · Contractor: Capitol Neon Llc
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: parcel
1506 Bell Ave · 1 unit · $141,039 valuation
Records span Sep 8, 2025 to May 14, 2026 (1 permit).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Sign permit application filed (SIG-2605634)
SIGN "GROUNDWORKS"
EPC - Fabricate and Install Channel Letters on Raceway to say "Groundworks" · Declared valuation: $14,800 · Contractor: Capitol Neon Llc
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: parcel
205 Hills Ct · 1 unit · $65,000 valuation
Records span Dec 16, 2025 to Mar 9, 2026 (1 permit).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
1413 Katharine Ave · $6,600 valuation
Records span Dec 30, 2025 to Dec 31, 2025 (1 permit).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
4361 Balsam St · 1 unit · $101,860 valuation
Records span Jun 7, 2021 to Dec 12, 2025 (3 permits).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Annual ZIP 95838 home-value index checkpoint
Changed from $407,441 in September 2024 to $392,665 in September 2025.
Source: Zillow Home Value Index (ZHVI) · Data provided by Zillow · Geography: ZIP 95838 (not a parcel appraisal)
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
4221 Raley Blvd · $95,000 valuation
Records span Jun 9, 2025 to Jun 26, 2025 (2 permits).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
1340 Bell Ave · 1 unit · $371,703 valuation
Records span Aug 9, 2022 to Jun 13, 2025 (15 permits).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
1517 Grace Ave · $560,000 valuation
Source: City of Sacramento CDD, Issued Building Permits (Current Year) & HCD APR (grouped project within ½ mile)
Cross-referenced intelligence from our historical development graph—connecting parcels, permits, entity-resolved builders, empirical review-time distributions, and neighborhood renovation trends.
Explore full City of Sacramento development graph →Active in "Fee estimate" for 5.4 yr (first record May 19, 2021) with no new permit activity recorded in 5.4 yr. High-impact scale ($6,555,918 declared valuation across 1 permit).
High-impact scale ($5,972,460 declared valuation across 18 permits).
Active in "Fee estimate" for 5.5 yr (first record May 17, 2021) with no new permit activity recorded in 4.2 yr. High-impact scale ($1,019,479 declared valuation across 3 permits).
Active in "Issued" for 5.2 yr (first record Aug 18, 2021) with no new permit activity recorded in 2.1 yr. High-impact scale ($1,752,628 declared valuation across 5 permits).
Active in "Entitled" for 5.6 yr (first record Apr 6, 2021) with no new permit activity recorded in 5.6 yr.
Active in "Fee estimate" for 17 mo (first record May 23, 2025) with no new permit activity recorded in 17 mo.
Substantial improvements (additions, interior remodels, ADUs, commercial TI, and new builds) across 451 parcels
Small prior baseline
City baseline: 30.6 / 1k
14 in trailing 24m
Includes 2 ADUs
HUD Small Area Fair Market Rent · ZIP 95838
HUD FY 2026 · 40th-percentile gross rentCensus ACS 5-year median gross rent (all bedroom counts combined):
Area home-value benchmarks (not an appraisal)
ZIP & neighborhood mediansUnder California Proposition 13, the seller's historical assessed value does not carry over to a buyer. On sale, the parcel is reassessed at the purchase price: 1.00% base rate ($4,050/yr) + local voter-approved bond debt ($567/yr) + fixed direct levies/Mello-Roos ($450/yr).
Insurance & hazard context:
−$12,349/yr
Cash needed: $89,100
NOI: $12,226/yr
P&I: $2,048/mo
For $0/mo net cash flow
At $2,075/mo rent
| Scenario | Assumptions | Year 1 Rent | Year 1 Cash Flow | Cash-on-Cash | Break-Even Rent | Year 5 Cash Flow |
|---|---|---|---|---|---|---|
| Conservative | −8% starting rent, +3% vacancy, +3% combined maintenance/CapEx, 1.5%/yr rent growth | $1,909/mo | −$1,268/mo | -17.1% | $3,678/mo | −$1,232/mo |
| Base (your inputs) | Your entered assumptions, 3.0%/yr rent growth | $2,075/mo | −$1,029/mo | -13.9% | $3,405/mo | −$876/mo |
| Optimistic (cap-limited) | +6% starting rent, 3% vacancy, 4.5%/yr rent growth (capped by local ordinance ceiling of 8.6%/yr) | $2,200/mo | −$892/mo | -12.0% | $3,326/mo | −$605/mo |
Rental regulatory context (informational only — not legal advice):
California AB 1482 (Tenant Protection Act, Civ. Code § 1947.12) caps annual rent increases at 5% + local CPI (max 10%) on covered properties. In City of Sacramento: Sacramento Tenant Protection Program (City Code Ch. 5.156) — 5% + CPI (8.6% cap effective July 1, 2026) for covered pre-1995 multifamily units. Official program rules ↗
Finaled / completedDec 20, 2022 – Jul 31, 2023
We group related permits and State housing reports into projects. That grouping is our inference, not an official record.
SIGN "GROUNDWORKS"
EPC - Fabricate and Install Channel Letters on Raceway to say "Groundworks"
Lion Electric - Rooftop Solar PV
EPC - 50.14kw Solar PV System, and 0gal Solar WH System (water heater installed null).
Rev to Raley and Diesel Ti Bldg A
EPC. 6558 inside 42,000 sqft building, Type IIIB; OCC B and S1. Rev to COM-2409583 1. RELOCATE EXISTING FIRE SPRINKLER HEADS AT THE ROOF DUE TO NEW FULL HEIGHT WALLS TO MAINTAIN PROPER COVERAGE AND SPACING. 2. REPLACE FIRE SPRINKLER HEADS AT THE ROOF ABOVE THE TI SPACE FROM ESFR PENDENTS TO STANDARD SPRAY PENDENTS DUE TO NEW R-30 INSULATION. 3. FIRE SPRINKLER DROPS FROM THE EXISTING OVERHEAD SPRINKLER SYSTEM AT THE ROOF TO BELOW CEILING IN TENANT SPACE.
Fire Alarm Raley and Diesel TI Bldg A
EPC. Separate fire Alarm TI bldg A. 6,558 sqft. Type IIB, OCC B and S1
Raley and Diesel TI Building A
EPC. Tenant improvement 6,558 sqft office space inside 42,000 sqft building. Type III-B; OCC B & S1. Work includes conference room, break room, private offices, demising walls between office and warehouse, all gender restrooms, replacing dock doors.
Revision to Raley & Diesel (COM-2227324)
EPC. Revision to Raley and Diesel Bldg A /Site Work. Type III-B, OCC S-1. Addition of raised curb per detail 3 on Sheet C-14.
RALEY & DIESEL - Gate and Fencing
EPC - Construction of new Wrought Iron Gates & Fence, Chain Link Fence & Relocation of Parking Stall. - PLNG-INSP
RALEY & DIESEL - BLDG A TI
EPC. Type III-B; OCC B and S1. 2,391 sqft. First Time Tenant Improvement within the existing warehouse by adding a demising wall between office & warehouse. open office area with (2) private offices, breakroom and (2) multi-user restrooms and (2) all gender restrooms. Associated MEP, Fire Sprinkler and Fire Alarm. (Separate shell under COM-2227324)
Rev to COM-2227324 Raley and Diesel Site Work
EPC. Revision of parking locations on the east and west elevations so that a man gate can be installed within 10' of a vehicle gate.
Raley and Diesel Bldg A Fire Alarm System
EPC. Installation of Fire Alarm system for COM-2318974. Raley and Diesel Bldg A. Type III-B, Occ S-1.
Raley and Diesel Pumphouse Fire Equipment
EPC. fire alarm system installation of pumphouse (related COM-2227324) Raley and Diesel project. Type IIB; OCC S-1.
Deferred Fire Sprinklers Raley and Diesel Building A
EPC - Deferred fire sprinkler for COM-2227324 Raley and Diesel Bldg A. Install Complete ESFR sprinkler system within the new building. Work to start at flange approximately 6" above finished floor. Work includes installation of fire pump, risers, overhead piping, etc. All underground piping & electrical wiring is by others.
Rev to Raley and Diesel Bldg A (COM-2227324)
EPC. The window-can was not fitting properly into the recess. The revised drawings are correcting this detail. Sheet A1 and A3 to correctly show recessed spandrel glass section. Type 3B; S-1 occ.
Rev to Raley and Diesel Bldg A Sewer Connection
Source: City of Sacramento CDD, Issued Building Permits (Current Year) · Geography: parcel (APN) · Source updated Oct 1, 2026 · Retrieved Oct 22, 2026 · Applied and issued dates come from the city's Applied and Issued permit datasets. The city publishes current status without a date, so status changes are dated by the window between our snapshots.
No housing activity reported to the State for this parcel (2018–2025 reports).
Source: California HCD, Housing Element Annual Progress Report — Table A2 · Geography: project (parcel) · Retrieved Oct 26, 2026 · From City of Sacramento's Housing Element Annual Progress Reports. A project can appear in several report years as it moves from entitlement to permit to completion.
Source: City of Sacramento CDD, Zoning · Geography: zoning district polygon at parcel point · Source updated Oct 10, 2026 · Retrieved Oct 22, 2026
3.28 acres
Assessor's classification for assessment purposes. This is not zoning.
4450 RALEY BLVD
Source: Sacramento County GIS, Parcels · Geography: parcel · Source updated Oct 25, 2026 · Retrieved Oct 25, 2026
Assessed values and limited building characteristics (Sacramento County Assessor)
Current roll value. This is assessed value, not market value.
Search by parcel number 238-0220-046-0000. Shows direct levies and special assessments.
Search the city's permit system by address or record number
The official flood hazard map for this location. Our reading of it is under What could be built here.
This site does not show owner names.
EPC. Revision to COM-2227324. New sewer point of connection on the west side of Bldg. A. Revised sewer service location on the east side of Bldg. A based on survey field information. Revised storm drain points of connections on Diesel Drive. This update affects both the On-Site and Off-Site plans. offsite revisions submitted separately. Planning included as changes to external location of sewer connect.
RALEY & DIESEL - BLDG B (Shell Only)
EPC - 25,500 sq. ft. shell space only. Type: III-B; OCC: S-1. Related neighboring permit which contains combined site work including a fire-pumphouse serving Building A and Building B on COM-2227324 - PLNG-INSP
RALEY & DIESEL - Bldg A Shell with Sitework
EPC - Construction of one concrete tilt-up flex space type III-B; Occ: S-1. 42,000 sqft building with associated on-site improvements for COM-2227324 and COM-2227322: Building A and Building B due to shared fire pumphouse. - PLNG-INSP