Calgary · Foothills Industrial
7408 40 Street SE
7408 40 Street SE is a commercial property in Foothills Industrial, Calgary, built in 1981 on a 101,913 sq ft lot. The City of Calgary assessed it at $8,524,500 for 2026, +15.1% over 3 years.
$8,524,500
2026 assessed value
Change in assessed value
- 3 years+15.1%
- 5 years+22.3%
- 10 years+25.0%
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
- $8,284,500
- Year built
- 1981
- Lot size
- 101,913 sq ft
- Zoning
- I-G
- City use code
- I101
Permits (7)
- Construction of two demizing walls.Building permit · Apr 2016 · est. $30,000 · closed · BP2016-02242
- Change of use: general industrial - lightDevelopment permit · Nov 2010 · approved · DP2010-4529
- Interior Partitiong and use ConfirmationBuilding permit · Oct 2010 · est. $130,000 · completed · BP2010-10949
- Interior PartioningBuilding permit · Jul 2004 · est. $6,200 · completed · BP2004-07762
- INTERIOR ALTERATION and Use ApprovalBuilding permit · May 2004 · est. $7,900 · completed · BP2004-05617
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 Street SE
- 7140 40 Street SE$29.95M
- 7177 40 Street SE$6.66M
- 7307 40 Street SE$10.92M
- 7505 40 Street SE$2.52M
- 7507 40 Street SE$2.27M
- 7650 40 Street SE$4.22M
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.