Calgary · Foothills Industrial
5516 40 Street SE
5516 40 Street SE is a commercial property in Foothills Industrial, Calgary, built in 1977 on a 80,789 sq ft lot. The City of Calgary assessed it at $4,190,000 for 2026, +11.4% over 3 years.
$4,190,000
2026 assessed value
Change in assessed value
- 3 years+11.4%
- 5 years+6.1%
- 10 years+24.0%
- 20 years+158.6%
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
- $4,090,000
- Year built
- 1977
- Lot size
- 80,789 sq ft
- Zoning
- I-G
- City use code
- I103
Building history
- 1977 · BuiltCity assessment records
- 2004 · Building builtBuilding permit
Years built from the City's assessment rolls (2020 on), and completed permits for new buildings and demolitions (1999 on). Where they disagree, both are shown.
Permits (5)
- New Accessory BldgBuilding permit · Jan 2004 · est. $25,000 · completed · BP2004-00114
- Industrial building (storage garage)Development permit · Jan 2004 · approved · DP2003-3711
- AdditionBuilding permit · Sep 1999 · est. $15,000 · completed · BP1999-10014
- Outdoor storage lotDevelopment permit · Jul 1999 · approved · DP1999-2092
- Addition to existing warehouse/workshopDevelopment permit · Apr 1998 · approved · DP1998-0534
From the City of Calgary's open data, up to Oct 2026. Costs are the applicant's estimate.
Along 40 Street SE
- 2620 40 Street SE$478K
- 2626 40 Street SE$483K
- 5515 40 Street SE$10.22M
- 5724 40 Street SE$9.78M
- 5796 40 Street SE$6.91M
- 5815 40 Street SE$5.34M
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.