10500 48 ST SE
- Site area
- 59K sq ft
- Year built
- 2008
- 2026 assessment
- $5.0M
- Land use
- I-G
Calgary warehouse record · East Shepard Industrial
11550 40 ST SE
Sitting in East Shepard Industrial in Southeast Calgary, 11550 40 ST SE occupies 73,735 sq ft (1.69 acres) of land and is designated I-G under the Calgary Land Use Bylaw. The City of Calgary records it as a 2000s building (2005). Its assessment account has 22 annual observations on file, from 2005 through 2026.
I-G land use50,000 – 99,999 sq ftBuilt 2005Southeast CalgaryWithin 500 m of a truck route
- 2026 assessment
- $4.9M
- Site area
- 74K sq ft
- Year built
- 2005
- Land use
- I-G
- Assessment years on file
- 22
- Permit + application records
- 7
01 · The public record
What the City of Calgary publishes about this property
| Civic address | 11550 40 ST SE |
|---|---|
| Industrial area | East Shepard Industrial |
| Street | 40 Street SE |
| City quadrant | Southeast Calgary |
| Assessment roll number | 200561736 |
| City parcel identifier (CPID) | 96104046 |
| Short legal description | 0412802;2;10 |
| Land-use designation | I-G |
| Assessment property type | LI |
| Sub-property use code | I102 |
| Year of construction | 2005 |
| Parcel area | 73,735 sq ft · 1.69 acres · 6,850 m² |
| 2026 assessed value | $4,900,000 |
| 2026 non-residential assessed value | $4,900,000 |
| Assessed value per land sq ft | $66.45 |
| Reference coordinates | 50.94851, -113.97722 · open on a map |
The 2026 assessment on this account is $4,900,000 — the 1,188th highest assessed value of the 6,205 industrial accounts on the Calgary roll and 141st of 500 in East Shepard Industrial. Divided by the published parcel area, that is $66.45 per square foot of land, against a East Shepard Industrial median of $30.50 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 22 years of assessment history published for this roll number, the assessed value moved from $440,000 in 2005 to $4,900,000 in 2026 — 1013.6% higher. Year over year it moved +7.7%, and +25.3% across five years. These are movements in a mass-appraisal figure prepared for taxation, not in rent, price or value realised in a transaction.
The City of Calgary permit and development registers connect 2 building permit records and 5 development applications to this exact civic address, the most recent dated 2026-08-27. Those records are administrative filings. They show that something was applied for or issued — not that any work started, finished, or changed how the building can be used.
The nearest published City of Calgary truck route is 61 m away (unrestricted truck route), and the nearest dangerous-goods route is 282 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.
02 · Assessment history
2005–2026 assessed value on roll 200561736
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.
+7.7%Year over year2026 vs 2025
+25.6%Three-year changeArithmetic change in assessed value
+25.3%Five-year changeArithmetic change in assessed value
+1013.6%Since 2005From $440,000
| Roll year | Assessed value | Non-residential | Change | Land use on file |
|---|---|---|---|---|
| 2026 | $4,900,000 | $4,900,000 | +7.7% | I-G |
| 2025 | $4,550,000 | $4,550,000 | +3.6% | I-G |
| 2024 | $4,390,000 | $4,390,000 | +12.6% | I-G |
| 2023 | $3,900,000 | $3,900,000 | +4.3% | I-G |
| 2022 | $3,740,000 | $3,740,000 | -4.3% | I-G |
| 2021 | $3,910,000 | $3,910,000 | +1.6% | I-G |
| 2020 | $3,850,000 | $3,850,000 | -3.3% | I-G |
| 2019 | $3,980,000 | $3,980,000 | -6.4% | I-G |
| 2018 | $4,250,000 | $4,250,000 | +2.9% | I-G |
| 2017 | $4,130,000 | $4,130,000 | -7.2% | I-G |
| 2016 | $4,450,000 | $4,450,000 | +8.0% | — |
| 2015 | $4,120,000 | $4,120,000 | +7.0% | — |
| 2014 | $3,850,000 | $3,850,000 | +6.4% | — |
| 2013 | $3,620,000 | $3,620,000 | +13.8% | — |
| 2012 | $3,180,000 | $3,180,000 | -9.9% | — |
| 2011 | $3,530,000 | $3,530,000 | -0.3% | — |
| 2010 | $3,540,000 | $3,540,000 | -9.0% | — |
| 2009 | $3,890,000 | $3,890,000 | +16.1% | — |
| 2008 | $3,350,000 | $3,350,000 | +31.9% | — |
| 2007 | $2,540,000 | $2,540,000 | +40.3% | — |
| 2006 | $1,810,000 | $1,810,000 | +311.4% | — |
| 2005 | $440,000 | $440,000 | — | — |
03 · Permit + development activity
Records matched to this exact civic address
2 building permit and 5 development application records are connected to 11550 40 ST SE by exact normalised civic address. The most recent are listed. A permit or development application is an administrative record. It does not prove that work started, finished, changed the building, or that any use is currently operating.
| Permit | Date | Type | Status | Description on file |
|---|---|---|---|---|
| BP2024-13770 | 2026-08-27 | Alteration | Expired | Interior Alteration - Office Renovation |
| BP2023-06043 | 2023-06-13 | Alteration | Issued Permit | Interior Alteration - Office Renovation |
| Application | Date | Type | Status | Description on file |
|---|---|---|---|---|
| DP2016-4577 | 2016-11-10 | Signs - Permitted Use | Released | NEW: SIGN - CLASS B (FASCIA SIGN) |
| DP2014-5398 | 2015-02-10 | Renovations - Non-Residential | Released | EXTERIOR RENOVATIONS: GENERAL INDUSTRIAL - LIGHT (REFURBISH BUILDING FACADE & DOOR RELOCATION); CHANGES TO SITE PLAN: GENERAL INDUSTRIAL - LIGHT (LANDSCAPING) |
| DP2012-1622 | 2012-10-01 | Change Of Use - With Change To Site Plan | Released | CHANGE OF USE: GENERAL INDUSTRIAL - LIGHT; REVISION: EXTERIOR RENOVATIONS (CHANGES TO SITE PLAN) |
| DP2007-1725 | 2007-06-13 | Signs - Permitted Use | Released | FASCIA SIGN |
| DP2004-1068 | 2004-08-31 | Industrial - Other Areas | Released | NEW KENNEL AND VETERINARY CLINIC |
04 · Freight context
Distance to the nearest published truck routes
Calculated from this property's reference point to the nearest published City of Calgary truck-route line. How freight context is calculated →
61 mNearest truck routeUnrestricted truck route
282 mNearest dangerous-goods routeDangerous goods route
05 · Around it
All 500 in East Shepard Industrial →Other industrial properties in East Shepard Industrial
East Shepard Industrial carries 500 industrial assessment accounts with a median construction year of 2008 and a median site area of 78K sq ft.
10560 46 ST SE
- Site area
- 57K sq ft
- Year built
- 2005
- 2026 assessment
- $5.0M
- Land use
- I-G
11069 48 ST SE
- Site area
- 66K sq ft
- Year built
- 2009
- 2026 assessment
- $4.9M
- Land use
- I-G
12138 40 ST SE
- Site area
- 118K sq ft
- Year built
- 2003
- 2026 assessment
- $4.8M
- Land use
- I-G
10547 42 ST SE
- Site area
- 97K sq ft
- Year built
- 2006
- 2026 assessment
- $4.8M
- Land use
- I-G
4700 112 AV SE
- Site area
- 99K sq ft
- Year built
- 2011
- 2026 assessment
- $4.8M
- Land use
- I-G
06 · Same street
Open the street record →More industrial addresses on 40 Street SE
| 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 |
07 · Questions
Common questions about 11550 40 ST SE
How big is the site at 11550 40 ST SE?
The City of Calgary assessment roll publishes a parcel area of 73,735 sq ft (1.69 acres, 6,850 m²) for this account. That is land area, not building floor area or leasable area.
What is 11550 40 ST SE assessed at?
The 2026 City of Calgary assessment on roll number 200561736 is $4,900,000. 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.
What zoning applies at 11550 40 ST SE?
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.
Is 11550 40 ST SE available to lease?
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 East Shepard Industrial, send a requirement and we will research current availability directly.
08 · Boundaries + sources
What this record does not establish
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 →
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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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