Calgary · East Shepard Industrial
12450 40 Street SE
12450 40 Street SE is a commercial property in East Shepard Industrial, Calgary, built in 2006 on a 50,527 sq ft lot. The City of Calgary assessed it at $5,500,000 for 2026, +31.0% over 3 years.
$5,500,000
2026 assessed value
Change in assessed value
- 3 years+31.0%
- 5 years+39.6%
- 10 years+21.4%
The change in the City's assessment of the same property, to 2026. Years before the building was finished or before a jump in its value are left out.
Facts
- Kind of property
- Commercial property
- 2025 assessed value
- $5,120,000
- Year built
- 2006
- Lot size
- 50,527 sq ft
- Zoning
- I-G
- City use code
- I101
Permits (7)
- New: sign - class c (freestanding sign)Development permit · Oct 2017 · approved · DP2017-4319
- Interior PartitionBuilding permit · Nov 2008 · est. $105,000 · completed · BP2008-13885
- Addition: warehouse - storage only (mezzanine)Development permit · Sep 2008 · approved · DP2008-2475
- Reconfiguration of parking lotDevelopment permit · Feb 2008 · approved · DP2007-4249
- Fascia signsDevelopment permit · Nov 2006 · approved · DP2006-3720
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 40 Street SE
- 12204 40 Street SE$6.00M
- 12281 40 Street SE$3.19M
- 12345 40 Street SE$61.58M
- 12498 40 Street SE$3.70M
- 12603 40 Street SE$2.52M
- 12735 40 Street SE$3.10M
From the City of Calgary's open assessment data. An assessment is the City's estimate of market value on July 1, 2025, for property tax; it is not a sale price. The map also shows building permits, legal suites and homes for sale or rent.