Calgary · Greenview Industrial Park
422 40 Avenue NE
422 40 Avenue NE is a commercial property in Greenview Industrial Park, Calgary, built in 1965 on a 6,425 sq ft lot. The City of Calgary assessed it at $634,500 for 2026, +18.6% over 3 years.
$634,500
2026 assessed value
Change in assessed value
- 3 years+18.6%
- 5 years+5.5%
- 10 years+15.0%
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
- $604,500
- Year built
- 1965
- Lot size
- 6,425 sq ft
- Zoning
- I-R
- City use code
- I102
Permits (3)
- Tenancy Change - Group F2Building permit · Apr 2026 · completed · BP2026-02593
- Interior Alteration - Change in occupancy classificationBuilding permit · Feb 2026 · est. $1,500 · issued · BP2026-00518
- Change of use: vehicle sales - minorDevelopment permit · Dec 2025 · approved · DP2025-05826
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along 40 Avenue NE
- 412 40 Avenue NE$1.61M
- 416 40 Avenue NE$676K
- 420 40 Avenue NE$432K
- 425 40 Avenue NE$3.45M
- 425 40 Avenue NE$3.45M
- 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.