1025 Joellis Way
Sacramento 95815 · Erikson Industrial Park · City of Sacramento · Coordinates: 38.60248, -121.44308
Executive Verdict · Public-Records Synthesis
Zoned M-1 in City of Sacramento and zero mapped flood, fire, or fault hazard overlaps; benchmark value $483,000 ($425,000–$541,000).
Upsides & Opportunities
- ✓ Documented permitted upgrades (+$171,479 contributory est.)
Public building records show issued construction/renovation work on this parcel (46 total permits, latest May 5, 2025).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (parcel APN)
- ✓ Above-average reinvestment in Erikson Industrial Park
8 substantial renovation & housing permits over 24 months (44.0 per 1,000 parcels vs. 30.4 citywide baseline) (#80 of 102 neighborhoods).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (Erikson Industrial Park)
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
General repair (COM-2219776): Issued after 8 mo (16.9× the 14d median) — slower than 90% of general repair permits in City of Sacramento (median 14d, 90th pct 65d, n=1,579).
Source: City of Sacramento CDD, Issued Building Permits (Current Year) (review-time benchmark)
- ! 2 slow or stalled nearby projects within ½ mile
Closest lead: Basin Apartments (0.45 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 (~$5,956/yr at $483,000)
Sale triggers reassessment to 1.00% base + ~0.14% voter debt (~$496/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:
- 256,133 sq ft (5.88 ac)
- Assessor use:
- Industrial · Warehouse · Distribution
- Tax rate area:
- 03100
- Addresses on lot:
- 1025 JOELLIS WAY; 1025 JOELLIS WAY STE 100 STE 100; 1025 JOELLIS WAY STE 150 STE 150
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 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: $425,000 – $541,000 · 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
Developments Deserving Closer Investigation & Active Area Builders
- Basin Apartments (Fee estimate)0.45 mi NE
In "Fee estimate" for 5 yr (since Oct 29, 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 (300 housing units, $75,000,000 declared valuation across 1 permit).
- New commercial building at 2241 Harvard St (Fee estimate)0.45 mi NE
In "Fee estimate" for 9.2 yr (since Aug 14, 2017), exceeding the 241d median and 498d 90th percentile for new commercial / non-residential building permits in City of Sacramento (n=150). High-impact scale ($21,439,420 declared valuation across 3 permits).
- General repair (COM-2219776) (Expired Permit)On this parcel
Issued after 8 mo (16.9× the 14d median) — slower than 90% of general repair permits in City of Sacramento (median 14d, 90th pct 65d, n=1,579).
- Fire alarm / sprinkler (COM-2013189) (Expired Permit)On this parcel
Issued after 3 mo (6.6× the 14d median) — slower than 90% of fire alarm / sprinkler permits in City of Sacramento (median 14d, 90th pct 71d, n=2,312).
Entity-resolved builders & contractors in ½ mile: Borrellis Electric (5 on parcel, 5 in ½ mi · Commercial tenant improvement); Integrated Fire (3 on parcel, 4 in ½ mi · Fire alarm / sprinkler); The Masters Design Build (3 on parcel, 3 in ½ mi · Commercial tenant improvement); Foothill Fire Protection (2 on parcel, 2 in ½ mi · Electrical / panel); Pinnacle Emergency Management (1 on parcel, 1 in ½ mi · Commercial tenant improvement).
Permit & Project History on This Parcel (46 permits, 0 grouped projects)
Showing 15 most recent permits| Record # | Category | Status | Applied / Issued | Valuation | Description |
|---|---|---|---|---|---|
| COM-2427538 | Commercial tenant improvement | Expired Permit | Iss. May 5, 2025 | $25,000 | EPC - WORK INCLUDES REMOVAL, RELOCATION, AND ADDITIONS TO C1D1 EQUIPMENT; INCLUDING (1) NEW C1D1 ELECTRICAL OUTLET. INTE… |
| COM-2424840 | Commercial tenant improvement | Withdrawn | App. Nov 12, 2024 | $75,000 | PERMIT TO COMPLETE WORK COMMENCED UNDER EXPIRED PERMIT COM-2004011-SUITE 500***EPC Submittal - Remodel of Commercial Bui… |
| COM-2219776 | General repair | Expired Permit | Iss. May 10, 2023 | $5,000 | EPC - converting motorized gate into manual gate. motorized equipment to be removed. |
| COM-2304617 | Repair tied to a housing/code case | Finaled | Iss. Apr 19, 2023 | $10,000 | EPC - 23-000700 cannabis -- NEW FLOOR DRAIN AND SUMP PUMP FOR ICE MACHINE & MECHANICAL CONDENSATE. suite 500 |