221 Lathrop Way
Sacramento 95815 · Johnson Business Park · City of Sacramento · Coordinates: 38.59597, -121.46192
Executive Verdict · Public-Records Synthesis
Zoned M-1-PC 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 Oct 18, 2024, 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)
- ! 3 slow or stalled nearby projects within ½ mile
Closest lead: Mixed-use development at 500 Leisure Ln (0.35 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 (~$4,885/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:
- 77,101 sq ft (1.77 ac)
- Assessor use:
- Industrial · Light · Office / Warehouse
- Tax rate area:
- 03351
- Addresses on lot:
- 221 LATHROP WAY; 221 LATHROP WAY STE A STE A; 221 LATHROP WAY STE G STE G
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: $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)
7 active or recent development projects (156 housing units across completed, permitted, and pipeline stages) and 138 total building permits recorded within ½ mile.
- New construction2 permits (2 units)
Developments Deserving Closer Investigation & Active Area Builders
- Mixed-use development at 500 Leisure Ln (Fee estimate)0.35 mi NE
In "Fee estimate" for 9.2 yr (since Aug 29, 2017), exceeding the 45d median and 184d 90th percentile for new single-family home permits in City of Sacramento (n=3,657).
- 2 new homes at 1969 Canterbury Rd (Applied)0.44 mi NE
In "Applied" for 3.5 yr (since May 15, 2023), exceeding the 184d median and 575d 90th percentile for new duplex / half-plex permits in City of Sacramento (n=115).
- Accessory dwelling unit at 172 Southgate Rd (Issued)0.5 mi N
Active in "Issued" for 6.5 yr (first record May 7, 2020) with no new permit activity recorded in 18 mo.
- Creekside at Woodlake (Entitled)0.41 mi N
High-impact scale (31 housing units across 0 permits).
Entity-resolved builders & contractors in ½ mile: Leed Mechanical (1 on parcel, 3 in ½ mi · Remodel / interior alteration); Osb Builders (2 on parcel, 2 in ½ mi · Electrical / panel); Wfc Builders (20 in ½ mi · Commercial tenant improvement); Nyecon (6 in ½ mi · Commercial tenant improvement); Adair General Construction (5 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (3 permits, 0 grouped projects)
| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2421876 | HVAC / heat pump | Finaled | Iss. Oct 18, 2024 | $18,744 | EPC - Remove and replace (1) like for like HVAC unit |
| COM-1904128 | Electrical / panel | Finaled | Iss. Mar 14, 2019 | $1,980 | Replace existing 200AMP electrical panel like for like in suite C. |
| COM-1902513 | General repair | Finaled | Iss. Feb 11, 2019 | $400 | MAIN BREAKER C/O 200amp |