Calgary · East Shepard Industrial
12686 48 Street SE
12686 48 Street SE is a commercial property in East Shepard Industrial, Calgary, built in 2006 on a 71,537 sq ft lot. The City of Calgary assessed it at $3,340,000 for 2026, -10.9% over 3 years.
$3,340,000
2026 assessed value
Change in assessed value
- 3 years-10.9%
- 5 years-8.0%
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
- $3,190,000
- Year built
- 2006
- Lot size
- 71,537 sq ft
- Zoning
- I-C
- City use code
- I102
Permits (18)
- New: sign - class b (fascia signs - 2)Development permit · Feb 2023 · approved · DP2023-00883
- A2 Recreation - Interior Alterations - Bolder ClimbingBuilding permit · Oct 2022 · est. $500,000 · completed · BP2022-12732
- Selective Interior DemolitionBuilding permit · Jul 2022 · est. $500,000 · completed · BP2022-09801
- Exterior renovations: indoor recreation facility, retail and consumer service, health care service, restaurant: licensed (additional roof space)Development permit · Jun 2022 · approved · DP2022-03706
- Change of use: indoor recreation facility, retail and consumer service, health care service, restaurant: licensedDevelopment permit · Jan 2022 · approved · DP2021-09095
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 48 Street SE
- 11090 48 Street SE$5.50M
- 11199 48 Street SE$9.80M
- 11375 48 Street SE$9.25M
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.