Calgary · Greenview Industrial Park
416 40 Avenue NE
416 40 Avenue NE is a commercial property in Greenview Industrial Park, Calgary, built in 1962 on a 7,782 sq ft lot. The City of Calgary assessed it at $675,500 for 2026, +15.8% over 3 years.
$675,500
2026 assessed value
Change in assessed value
- 3 years+15.8%
- 5 years+6.2%
- 10 years+13.2%
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
- $647,000
- Year built
- 1962
- Lot size
- 7,782 sq ft
- Zoning
- I-R
- City use code
- I102
Permits (6)
- Change of use: general industrial - lightDevelopment permit · Jan 2026 · approved · DP2026-00146
- Changes of use (AAA Auto).Building permit · Feb 2022 · est. $1 · completed · BP2021-17733
- Change of use: auto service - minor, vehicle sales - minor, auto body and paint shopDevelopment permit · Jul 2020 · approved · DP2020-3551
- New TenantBuilding permit · Jun 2020 · est. $1 · completed · BP2020-06422
- Change of use: auto service - minor (within existing vehicle sales minor)Development permit · Dec 2019 · approved · DP2019-6205
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 Avenue NE
- 344 40 Avenue NE$2.39M
- 404 40 Avenue NE$1.44M
- 412 40 Avenue NE$1.61M
- 420 40 Avenue NE$432K
- 422 40 Avenue NE$635K
- 425 40 Avenue NE$3.45M
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.