241 Lathrop Way
Sacramento 95815 · Johnson Business Park · City of Sacramento · Coordinates: 38.59555, -121.46070
Executive Verdict · Public-Records Synthesis
Zoned M-1-PC in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $358,000 ($304,000–$412,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$9,070 contributory est.)
Public building records show issued construction/renovation work on this parcel (13 total permits, latest Sep 15, 2021).
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
Electrical / panel (COM-2101357): Issued after 8 mo — slower than 90% of electrical / panel permits in City of Sacramento (median 0d, 90th pct 5d, n=11,023).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 2 slow or stalled nearby projects within ½ mile
Closest lead: Mixed-use development at 500 Leisure Ln (0.31 mi NE, 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 (~$4,531/yr at $358,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$378/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:
- 110,207 sq ft (2.53 ac)
- Assessor use:
- Industrial · Warehouse · Office / Warehouse
- Tax rate area:
- 03351
- Addresses on lot:
- 241 LATHROP WAY; 241 LATHROP WAY STE A STE A; 241 LATHROP WAY STE B STE B
Zoning & Land Use
M-1-PC — 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: $304,000 – $412,000 · 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)
5 active or recent development projects (154 housing units across completed, permitted, and pipeline stages) and 126 total building permits recorded within ½ mile.
- New construction3 permits (2 units)
Developments Deserving Closer Investigation & Active Area Builders
- Electrical / panel (COM-2101357) (Finaled)On this parcel
Issued after 8 mo — slower than 90% of electrical / panel permits in City of Sacramento (median 0d, 90th pct 5d, n=11,023).
- Plan revision / deferred submittal (SUB-1924584) (Abandoned)On this parcel
Pending in review for 6.9 yr (61.5× the 41d median) — slower than 90% of plan revision / deferred submittal permits in City of Sacramento (median 41d, 90th pct 190d, n=69).
- Commercial tenant improvement (COM-1808781) (Certificate of Occupancy)On this parcel
Issued after 8 mo (3.7× the 63d median) — slower than 90% of commercial tenant improvement permits in City of Sacramento (median 63d, 90th pct 201d, n=2,366).
- Commercial tenant improvement (COM-2012858) (Expired Permit)On this parcel
Issued after 4 mo (1.9× the 63d median) — above the 75th percentile for commercial tenant improvement permits in City of Sacramento (median 63d, 75th pct 119d, n=2,366).
Entity-resolved builders & contractors in ½ mile: Jlp Services (4 on parcel, 4 in ½ mi · Commercial tenant improvement); Leed Mechanical (1 on parcel, 2 in ½ mi · Remodel / interior alteration); Gp Development (2 on parcel, 2 in ½ mi · Commercial tenant improvement); Wheelhouse General Contractors (2 on parcel, 2 in ½ mi · Commercial tenant improvement); Green Dreams Construction (1 on parcel, 1 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (13 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2101357 | Electrical / panel | Finaled | Iss. Sep 15, 2021 | $30,000 | EPC - H# 20-017327-SUITE #B: ELECTRICAL METER / PANEL (CANNABIS): THIS PERMIT IS ONLY FOR THE Addition of new electrica… |
| COM-2115648 | Fire alarm / sprinkler | Expired Permit | Iss. Aug 12, 2021 | $4,400 | EPC - INSTALLATION OF NEW SPRINKLER HEADS TO EXISTING AUTOMATIC SPRINKLER SYSTEM WITHIN (4) ( 8X20) STORAGE CONTAINERS.… |
| COM-2113421 | Commercial tenant improvement | Certificate of Occupancy | Iss. Jul 9, 2021 | $12,000 | Permit to complete expires permit COM-2012858 for final inspections. EPC CANNABIS Submittal HSG #20-017327- Remodel of … |
| COM-2113420 | Remodel / interior alteration | Void | App. Jun 22, 2021 | $12,000 | Permit to complete expires permit COM-2012858 for final inspections. EPC CANNABIS Submittal HSG #20-017327- Remodel of … |