298 Commerce Cir
Sacramento 95815 · Johnson Business Park · City of Sacramento · Coordinates: 38.59939, -121.46371
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
- ✓ 3 documented municipal building permits on file
On-parcel permit history is indexed through Jun 26, 2020, 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)
- ! 6 slow or stalled nearby projects within ½ mile
Closest lead: 1212 Village (0.33 mi N, 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 (~$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:
- 29,710 sq ft (0.68 ac)
- Assessor use:
- Office · Broadcasting / Radio / TV · One Story
- Tax rate area:
- 03351
- Addresses on lot:
- 298 COMMERCE CIR
Zoning & Land Use
M-1 — Light Industrial Zone (I)
2040 General Plan: Employment Mixed Use (FAR up to 2)
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 06067C0177J, 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)
8 active or recent development projects (157 housing units across completed, permitted, and pipeline stages) and 226 total building permits recorded within ½ mile.
- New construction3 permits (2 units)
Developments Deserving Closer Investigation & Active Area Builders
- 1212 Village (Fee estimate)0.33 mi N
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).
- 1212 Village (Entitled)0.35 mi N
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).
- Walden Affordable Housing (Fee estimate)0.4 mi N
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).
- New home at 2075 Edgewater Rd (Fee estimate)0.34 mi NE
In "Fee estimate" for 10.1 yr (since Oct 7, 2016), 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: Chavez Heating And Air (2 on parcel, 2 in ½ mi · Roof replacement); Air Tech HVAC (1 on parcel, 1 in ½ mi · Roof replacement); Wfc Builders (20 in ½ mi · Commercial tenant improvement); General Electrician And Contractor (14 in ½ mi · Commercial tenant improvement); Loder Construction (6 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (3 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| RES-2011089 | Roof replacement | Expired Permit | Iss. Jun 26, 2020 | $14,654 | Change-out Roof Mount to Roof Mount. The existing unit shall be removed. The new unit shall be placed in the same locati… |
| COM-1814013 | Roof replacement | Expired Permit | Iss. Jul 23, 2018 | $8,940 | REPLACEMENT OF ROOF MOUNT 5-TON PACKAGED UNIT. UPDATE ELECTRICAL CIRCUIT TO UNIT. |
| RES-1708851 | Roof replacement | Expired Permit | Iss. May 24, 2017 | $7,700 | Change-out Roof Mount to Roof Mount. The existing unit shall be removed. The new unit shall be placed in the same locati… |