2040 Railroad Dr
Sacramento 95815 · City of Sacramento · Coordinates: 38.60443, -121.46910
Executive Verdict · Public-Records Synthesis
Zoned M-1 in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $389,000 ($331,000–$447,000).
Upsides & Opportunities
- ✓ 16 documented municipal building permits on file
On-parcel permit history is indexed through Sep 6, 2023, letting you verify roof, HVAC, electrical, or structural work against seller disclosures.
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
Plan revision / deferred submittal (SUB-1812945): Pending in review for 8.4 yr (74.4× 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)
- ! 5 slow or stalled nearby projects within ½ mile
Closest lead: 1212 Village (0.35 mi E, entitled). 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 (~$4,885/yr at $389,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$407/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:
- 98,881 sq ft (2.27 ac)
- Assessor use:
- Industrial · Warehouse · Processing
- Tax rate area:
- 03239
- Addresses on lot:
- 2040 RAILROAD DR; 2050 RAILROAD DR; 2060 RAILROAD DR
Zoning & Land Use
M-1 — Light Industrial Zone (I)
2040 General Plan: Employment Mixed Use (FAR up to 4)
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 06067C0176J, 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: $331,000 – $447,000 · Status: Off market
HUD Small Area FMR (ZIP 95815) · FY 2026
Studio $1,440 · 1BR $1,510 · 2BR $1,860 · 3BR $2,480 · 4BR $2,850
Nearby Activity (½ mile radius, since November 2024)
16 active or recent development projects (31 housing units across completed, permitted, and pipeline stages) and 211 total building permits recorded within ½ mile.
- New construction5 permits (20 units)
Developments Deserving Closer Investigation & Active Area Builders
- 1212 Village (Entitled)0.35 mi E
In "Entitled" for 5.9 yr (since Dec 18, 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 (75 housing units across 0 permits).
- 1212 Village (Fee estimate)0.36 mi E
In "Fee estimate" for 3 yr (since Nov 13, 2023), exceeding the 210d median and 627d 90th percentile for new multifamily / condos / mixed-use permits in City of Sacramento (n=199). High-impact scale (75 housing units, $45,000,000 declared valuation across 1 permit).
- Walden Affordable Housing (Fee estimate)0.44 mi E
In "Fee estimate" for 6.2 yr (since Aug 24, 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 (16 housing units, $1,000,000 declared valuation across 1 permit).
- Accessory dwelling unit at 355 Harding Ave (In review)0.33 mi N
In "In review" for 14 mo (since Sep 3, 2025), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657). contractor changed to "updated" in snapshot Nov 1, 2026.
Entity-resolved builders & contractors in ½ mile: Loder Construction (4 on parcel, 4 in ½ mi · Commercial tenant improvement); Rod Read And Sons (1 on parcel, 1 in ½ mi · Commercial tenant improvement); Marquee Fire Protection (1 on parcel, 1 in ½ mi · Fire alarm / sprinkler); General Electrician And Contractor (14 in ½ mi · Commercial tenant improvement); Absolut Electric (5 in ½ mi · Remodel / interior alteration).
Permit & Project History on This Parcel (16 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2318999 | Repair tied to a housing/code case | Finaled | Iss. Sep 6, 2023 | $10,000 | PERMIT TO COMPLETE EXPIRED PERMIT COM-2300958 Complete all work on expired permit COM-2300958. Remove ALL unpermitted BM… |
| COM-2300958 | Repair tied to a housing/code case | Expired Permit | Iss. Jan 18, 2023 | $40,000 | Remove ALL unpermitted BMEPs and turn the structure back into vanilla shell suites 2040-2050, 2060 & 2080 |
| COM-2227093 | Electrical / panel | Finaled | Iss. Dec 19, 2022 | $500 | 1) Provide Minor Electrical Permit with the following scope required for safe meter release: — Remove and safe-off what … |
| COM-2224225 | Electrical / panel | Finaled | Iss. Nov 15, 2022 | $500 | REMOVE AND SAFE OFF LINE SIDE TAP FEEDING ADJACENT TENANT SPACE 2080 THROUGH THIS SPACE FROM MAIN SERVICE OUTISDE FRONT … |