8 7408 40 ST SE
- Site area
- 102K sq ft
- Year built
- 1981
- 2026 assessment
- $674K
- Land use
- I-G
10 7408 40 ST SE is an industrial property in Foothills Industrial, Southeast Calgary, carried on 101,874 sq ft (2.34 acres) of land and designated I-G. The City of Calgary records it as a 1980s building (1981). Its assessment account has 14 annual observations on file, from 2013 through 2026.
| Civic address | 10 7408 40 ST SE |
|---|---|
| Industrial area | Foothills Industrial |
| Street | 40 Street SE |
| City quadrant | Southeast Calgary |
| Assessment roll number | 201802154 |
| City parcel identifier (CPID) | 960598982 |
| Short legal description | 1211903;10 |
| Land-use designation | I-G |
| Assessment property type | LI |
| Sub-property use code | I101 |
| Year of construction | 1981 |
| Parcel area | 101,874 sq ft · 2.34 acres · 9,464 m² |
| 2026 assessed value | $673,000 |
| 2026 non-residential assessed value | $673,000 |
| Assessed value per land sq ft | $6.61 |
| Reference coordinates | 50.98768, -113.97620 · open on a map |
The 2026 assessment on this account is $673,000 — the 4,278th highest assessed value of the 6,205 industrial accounts on the Calgary roll and 511th of 581 in Foothills Industrial. Divided by the published parcel area, that is $6.61 per square foot of land, against a Foothills Industrial median of $45.75 and a citywide industrial median of $26.15. That ratio is arithmetic on an assessed value and a parcel area — it is not a land price, a rate per buildable foot, or a rent.
Across the 14 years of assessment history published for this roll number, the assessed value moved from $617,500 in 2013 to $673,000 in 2026 — 9.0% higher. Year over year it moved +2.0%, and +20.0% across five years. These are movements in a mass-appraisal figure prepared for taxation, not in rent, price or value realised in a transaction.
No building permit or development application in the City of Calgary registers matches this exact civic address in the covered window. That is an absence of a matching record, not evidence that nothing has happened here.
The nearest published City of Calgary truck route is 7 m away (unrestricted truck route), and the nearest dangerous-goods route is 383 m away. That distance is measured from the property reference point to the nearest published route line. It says nothing about how a truck actually gets onto this site, what it may carry, or how long the trip takes.
Each row is one annual City of Calgary assessment observation matched to this exact roll number. A City of Calgary assessed value is a mass-appraisal figure prepared for property taxation. It is not a market value, an appraisal, a listing price or a transaction price.
| Roll year | Assessed value | Non-residential | Change | Land use on file |
|---|---|---|---|---|
| 2026 | $673,000 | $673,000 | +2.0% | I-G |
| 2025 | $660,000 | $660,000 | +6.1% | I-G |
| 2024 | $622,000 | $622,000 | +5.5% | I-G |
| 2023 | $589,500 | $589,500 | +7.9% | I-G |
| 2022 | $546,500 | $546,500 | -2.6% | I-G |
| 2021 | $561,000 | $561,000 | +1.2% | I-G |
| 2020 | $554,500 | $554,500 | -5.9% | I-G |
| 2019 | $589,500 | $589,500 | +1.1% | I-G |
| 2018 | $583,000 | $583,000 | +1.1% | I-G |
| 2017 | $576,500 | $576,500 | +1.7% | I-G |
| 2016 | $567,000 | $567,000 | +0.5% | — |
| 2015 | $564,000 | $564,000 | -7.4% | — |
| 2014 | $609,000 | $609,000 | -1.4% | — |
| 2013 | $617,500 | $617,500 | — | — |
Calculated from this property's reference point to the nearest published City of Calgary truck-route line. How freight context is calculated →
Foothills Industrial carries 581 industrial assessment accounts with a median construction year of 1979 and a median site area of 100K sq ft.
| Address | Industrial area | Land use | Built | Site sq ft | Assessed |
|---|---|---|---|---|---|
| 11133 40 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2007 | 1,018,837 | $73M |
| 7140 40 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1989 | 602,348 | $30M |
| 6810 40 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1977 | 383,645 | $29M |
| 9559 40 ST SE | SOUTH FOOTHILLS | I-G | 1979 | 817,546 | $19M |
| 8489 40 ST SE | SOUTH FOOTHILLS | I-G | 2018 | 516,634 | $16M |
| 11979 40 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2003 | 187,292 | $14M |
| 12111 40 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2005 | 142,316 | $13M |
| 6815 40 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1981 | 383,143 | $12M |
| 7307 40 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1980 | 245,757 | $11M |
| 5515 40 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1977 | 428,003 | $10M |
| 11580 40 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2005 | 132,293 | $10M |
| 5724 40 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1975 | 288,688 | $9.8M |
The City of Calgary assessment roll publishes a parcel area of 101,874 sq ft (2.34 acres, 9,464 m²) for this account. That is land area, not building floor area or leasable area.
The 2026 City of Calgary assessment on roll number 201802154 is $673,000. A City of Calgary assessed value is a mass-appraisal figure prepared for property taxation. It is not a market value, an appraisal, a listing price or a transaction price.
The parcel carries the I-G land-use designation — Industrial - General District (I-G). A land-use designation describes the district a parcel sits in. It is not a permitted-use ruling, a development approval, or legal advice.
This page does not say. Nothing on this site establishes ownership, tenancy, occupancy, vacancy, availability, asking rent or lease terms. Where a fact is not published, it stays unknown. If you are looking for warehouse space in Foothills Industrial, send a requirement and we will research current availability directly.
Source records: City of Calgary current-year property assessments, historical property assessments, land-use designation codes, building permits, development permits and truck routes. Assessment history is matched by exact roll number; permit and development records by exact normalised civic address; route distance is calculated. Contains information licensed under the Open Government Licence – City of Calgary. Full source and licence register → · Methodology →
This page is a public-record profile. Availability, asking rent and lease terms are not published in any of the sources behind it — those come from direct market research.
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