2480 Natomas Park Dr
Sacramento 95833 · Natomas Corporate Center · City of Sacramento · Coordinates: 38.61092, -121.50561
Executive Verdict · Public-Records Synthesis
Zoned C-2-PUD in City of Sacramento and mapped FEMA A99 flood due diligence; benchmark value $553,000 ($470,000–$636,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$105,120 contributory est.)
Public building records show issued construction/renovation work on this parcel (12 total permits, latest Jun 13, 2025).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
Watchouts & Due Diligence
- ! FEMA Special Flood Hazard Area (A99, all of the lot of lot)
Zone A99: 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
Solar / battery storage (COM-2209425): Issued after 3 mo — slower than 90% of solar / battery storage permits in City of Sacramento (median 3d, 90th pct 27d, n=3,950).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 5 slow or stalled nearby projects within ½ mile
Closest lead: Homewood Suites & Hotel (Natomas) - Hotel & Site (0.46 mi W, 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 (~$6,754/yr at $553,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$563/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:
- 130,680 sq ft (3.00 ac)
- Assessor use:
- Office · Office (General) · Two Story
- Tax rate area:
- 03123
- Addresses on lot:
- 2480 NATOMAS PARK DR
Zoning & Land Use
C-2-PUD — General Commercial Zone (C)
2040 General Plan: Office Mixed Use (FAR up to 2)
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 A99: 1% annual chance flood (Special Flood Hazard Area) (all of the lot) · FIRM panel 06067C0157J, 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: $470,000 – $636,000 · Status: Off market
HUD Small Area FMR (ZIP 95833) · FY 2026
Studio $1,920 · 1BR $2,020 · 2BR $2,480 · 3BR $3,300 · 4BR $3,810
Developments Deserving Closer Investigation & Active Area Builders
- Homewood Suites & Hotel (Natomas) - Hotel & Site (In review)0.46 mi W
In "In review" for 23 mo (since Dec 23, 2024), exceeding the 241d median and 498d 90th percentile for new commercial / non-residential building permits in City of Sacramento (n=150). High-impact scale ($28,000,000 declared valuation across 1 permit). current_status changed to "Verify" in snapshot Nov 1, 2026.
- Sutter Greens 2.0 Apartments (Entitled)0.11 mi N
In "Entitled" for 5.1 yr (since Sep 23, 2021), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (190 housing units across 0 permits).
- Multi-Unit Housing at Venture Oaks (Fee estimate)0.44 mi W
In "Fee estimate" for 4.6 yr (since Apr 26, 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 (410 housing units, $103,000,000 declared valuation across 4 permits).
- El Camino Apartments - ESTIMATE (Fee estimate)0.47 mi NW
In "Fee estimate" for 6 yr (since Oct 30, 2020), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (125 housing units, $18,022,513 declared valuation across 1 permit).
Entity-resolved builders & contractors in ½ mile: Descor (1 on parcel, 14 in ½ mi · Commercial tenant improvement); Jackson Properties (1 on parcel, 5 in ½ mi · Commercial tenant improvement); Barnum And Celillo Electric (2 on parcel, 2 in ½ mi · Plan revision / deferred submittal); Ascent Builders (1 on parcel, 2 in ½ mi · Commercial tenant improvement); Dpr Construction A General Partnership (1 on parcel, 1 in ½ mi · Remodel / interior alteration).
Permit & Project History on This Parcel (12 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| FPP-2509583 | Commercial tenant improvement | Finaled | Iss. Jun 13, 2025 | $115,334 | EPC - EXPEDITED - Tenant Improvement Remodel: New interior partitions with related electrical, mechanical, fire sprinkl… |
| COM-2300712 | Commercial tenant improvement | Expired Application | App. Jan 12, 2023 | $500,000 | EPC - 2nd floor Removing non-load bearing partitions and new construction of non load bearing partitions and ceiling gri… |
| COM-2221960 | Plan revision / deferred submittal | Expired Application | App. Oct 13, 2022 | — | EPC - REVISION TO COM-2209425: PV1: Replaced SUNPOWER 450w panel to MAXEON 475w. Revised number of panels and strings. U… |
| COM-2209425 | Solar / battery storage | Finaled | Iss. Aug 9, 2022 | $380,000 | EPC - 248.85kw Solar PV System, SEE REVISION COM-2221960: PV1: Replaced SUNPOWER 450w panel to MAXEON 475w. Revised n… |