517 Display Way
Sacramento 95838 · Norwood I-80 · City of Sacramento · Coordinates: 38.64002, -121.45574
Executive Verdict · Public-Records Synthesis
Zoned M-1-PUD in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $414,000 ($364,000–$464,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$28,800 contributory est.)
Public building records show issued construction/renovation work on this parcel (5 total permits, latest Feb 11, 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-2100253): Issued after 8 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)
- ! 5 slow or stalled nearby projects within ½ mile
Closest lead: New home at 441 Kesner Ave (0.41 mi S, in review). 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 (~$5,170/yr at $414,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$431/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:
- 158,123 sq ft (3.63 ac)
- Assessor use:
- Industrial · Warehouse · Distribution
- Tax rate area:
- 03170
- Addresses on lot:
- 3946 NORWOOD AVE; 3950 NORWOOD AVE; 517 DISPLAY WAY
Zoning & Land Use
M-1-PUD — Light Industrial Zone (I)
2040 General Plan: Employment Mixed Use (FAR up to 1)
State Housing Pathways Screen (ADU & SB 9)
- ADU or junior ADUUnlikely
Zoned M-1 (industrial): the zone doesn't allow homes, so state ADU rules don't apply.
- SB 9: two homes on the lotUnlikely
Zoned M-1 (industrial), not a single-family residential zone.
- SB 9: split into two lotsUnlikely
Zoned M-1 (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: reduced flood risk due to levee (all of the lot) · FIRM panel 06067C0064J, effective June 16, 2015
- CGS Alquist-Priolo Earthquake Fault Zone
- Not in an Alquist-Priolo Earthquake Fault Zone
Surrounding Rent & Value Benchmarks (Public Records)
Range: $364,000 – $464,000 · Status: Off market
HUD Small Area FMR (ZIP 95838) · FY 2026
Studio $1,610 · 1BR $1,690 · 2BR $2,080 · 3BR $2,770 · 4BR $3,190
Developments Deserving Closer Investigation & Active Area Builders
- New home at 441 Kesner Ave (In review)0.41 mi S
In "In review" for 6 mo (since May 4, 2026), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657). current_status changed to "Finaled" in snapshot Nov 1, 2026.
- Remodel / interior alteration (COM-2100253) (Expired Permit)On this parcel
Issued after 8 mo — slower than 90% of remodel / interior alteration permits in City of Sacramento (median 4d, 90th pct 55d, n=8,151).
- 3801 Vern St ADU and Demo (Entitled)0.21 mi S
In "Entitled" for 5.2 yr (since Aug 17, 2021), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657).
- New home at 579 Lindsay Ave (Entitled)0.31 mi SE
In "Entitled" for 6.1 yr (since Oct 13, 2020), 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: 4 C Development (1 on parcel, 1 in ½ mi · Commercial tenant improvement); Tri Square Construction (1 on parcel, 1 in ½ mi · Remodel / interior alteration); Amatel (1 on parcel, 1 in ½ mi · Solar / battery storage); Forward Signs And Products (1 on parcel, 1 in ½ mi · Sign); Akamai Signs And Graphic (1 on parcel, 1 in ½ mi · Sign).
Permit & Project History on This Parcel (5 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2601136 | Solar / battery storage | Issued | Iss. Feb 11, 2026 | $20,000 | EPC - The scope of work is a battery replacement within the existing cabinets of the unmanned telecommunications site. T… |
| COM-2100253 | Remodel / interior alteration | Expired Permit | Iss. Aug 24, 2021 | $45,000 | EPC - T-Mobile Cell Site Modification - Remove (3) antennas, (6) coax cables, (6) TMA units and (1) existing canister. … |
| SIG-1915497 | Sign | Expired Permit | Iss. Aug 21, 2019 | $3,200 | Install (1) attached / illuminated channel letter sign |
| SIG-1812720 | Sign | Finaled | Iss. Jul 12, 2018 | $2,000 | Install (1) Illuminated / attached wall sign after removing existing sign |
| COM-1605252 | Commercial tenant improvement |