3940 54 Avenue SE

3940 54 Avenue SE is a commercial property in Foothills Industrial, Calgary on a 180,935 sq ft lot. The City of Calgary assessed it at $3,340,000 for 2026, +6.4% over 3 years.

$3,340,000

2026 assessed value

See it on the 3D map

Change in assessed value

3 years+6.4%
5 years+9.9%
10 years+19.3%
20 years+193.0%

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: $3,150,000
Lot size: 180,935 sq ft
Zoning: I-G
City use code: A006

Along 54 Avenue SE

3834 54 Avenue SE$4.07M
3837 54 Avenue SE$2.61M
3939 54 Avenue SE$2.35M
4215 54 Avenue SE$3.47M
4216 54 Avenue SE$32.07M
4315 54 Avenue SE$9.75M

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.