4279 120 AV SE
- Site area
- 66K sq ft
- Year built
- 2003
- 2026 assessment
- $3.4M
- Land use
- I-G
12686 48 ST SE sits on 71,690 sq ft (1.65 acres) of land in the East Shepard Industrial industrial area of Southeast Calgary, designated I-C. The City of Calgary records it as a 2000s building (2006). Its assessment account has 7 annual observations on file, from 2020 through 2026.
| Civic address | 12686 48 ST SE |
|---|---|
| Industrial area | East Shepard Industrial |
| Street | 48 Street SE |
| City quadrant | Southeast Calgary |
| Assessment roll number | 202700282 |
| City parcel identifier (CPID) | 960644812 |
| Short legal description | 0611397;9;1 |
| Land-use designation | I-C |
| Assessment property type | LI |
| Sub-property use code | I102 |
| Year of construction | 2006 |
| Parcel area | 71,690 sq ft · 1.65 acres · 6,660 m² |
| 2026 assessed value | $3,340,000 |
| 2026 non-residential assessed value | $3,340,000 |
| Assessed value per land sq ft | $46.59 |
| Reference coordinates | 50.93533, -113.96441 · open on a map |
The 2026 assessment on this account is $3,340,000 — the 1,787th highest assessed value of the 6,205 industrial accounts on the Calgary roll and 204th of 500 in East Shepard Industrial. Divided by the published parcel area, that is $46.59 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 7 years of assessment history published for this roll number, the assessed value moved from $4,380,000 in 2020 to $3,340,000 in 2026 — 23.7% lower. Year over year it moved +4.7%, and -8.0% across five years. These are movements in a mass-appraisal figure prepared for taxation, not in rent, price or value realised in a transaction.
The City of Calgary permit and development registers connect 3 building permit records and 11 development applications to this exact civic address, the most recent dated 2023-08-16. 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 22 m away (unrestricted truck route), and the nearest dangerous-goods route is 768 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 | $3,340,000 | $3,340,000 | +4.7% | I-C |
| 2025 | $3,190,000 | $3,190,000 | -21.6% | I-C |
| 2024 | $4,070,000 | $4,070,000 | +8.5% | I-C |
| 2023 | $3,750,000 | $3,750,000 | +9.0% | I-C |
| 2022 | $3,440,000 | $3,440,000 | -5.2% | I-C |
| 2021 | $3,630,000 | $3,630,000 | -17.1% | I-C |
| 2020 | $4,380,000 | $4,380,000 | — | I-C |
3 building permit and 11 development application records are connected to 12686 48 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 |
|---|---|---|---|---|
| BP2021-17147 | 2023-06-15 | Fire/ Security Alarm | Completed | Fire Alarm Alteration |
| BP2022-12732 | 2023-06-08 | Alteration | Completed | A2 Recreation - Interior Alterations - Bolder Climbing |
| BP2022-09801 | 2023-02-07 | Alteration | Completed | Selective Interior Demolition |
| Application | Date | Type | Status | Description on file |
|---|---|---|---|---|
| DP2023-04981 | 2023-08-16 | Change Of Use - Permitted Use | Cancelled | CHANGE OF USE: INSTRUCTIONAL FACILITY |
| DP2023-00883 | 2023-02-24 | Signs - Permitted Use | Released | NEW: SIGN - CLASS B (FASCIA SIGNS - 2) |
| DP2022-03706 | 2022-07-25 | Renovations - Non-Residential | Released | EXTERIOR RENOVATIONS: INDOOR RECREATION FACILITY, RETAIL AND CONSUMER SERVICE, HEALTH CARE SERVICE, RESTAURANT: LICENSED (ADDITIONAL ROOF SPACE) |
| DP2021-09095 | 2022-02-25 | Change Of Use - Discretionary Use Or Relaxations Required | Released | CHANGE OF USE: INDOOR RECREATION FACILITY, RETAIL AND CONSUMER SERVICE, HEALTH CARE SERVICE, RESTAURANT: LICENSED |
| DP2021-7911 | 2021-12-01 | Change Of Use - Permitted Use | Released | CHANGE OF USE: INDOOR RECREATION FACILITY, RETAIL AND CONSUMER SERVICE, HEALTH CARE SERVICE, RESTAURANT: FOOD SERVICE ONLY |
| DP2021-3589 | 2021-06-22 | Change Of Use - Permitted Use | Released | CHANGE OF USE: GENERAL INDISTRIAL- LIGHT, RETAIL AND CONSUMER SERVICE, OFFICE |
Calculated from this property's reference point to the nearest published City of Calgary truck-route line. How freight context is calculated →
East Shepard Industrial carries 500 industrial assessment accounts with a median construction year of 2008 and a median site area of 78K sq ft.
| Address | Industrial area | Land use | Built | Site sq ft | Assessed |
|---|---|---|---|---|---|
| 7505 48 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1992 | 1,114,250 | $77M |
| 6403 48 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1998 | 1,130,753 | $69M |
| 5820 48 ST SE | FOOTHILLS INDUSTRIAL | I-G | 1995 | 331,510 | $24M |
| 7115 48 ST SE | FOOTHILLS INDUSTRIAL | I-G | 2007 | 291,712 | $20M |
| 11004 48 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2012 | 267,922 | $19M |
| 10905 48 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2008 | 329,386 | $17M |
| 11056 48 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2011 | 128,310 | $11M |
| 10720 48 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2009 | 140,797 | $10M |
| 11199 48 ST SE | EAST SHEPARD INDUSTRIAL | I-G | 2011 | 215,716 | $9.8M |
| 9815 48 ST SE | SOUTH FOOTHILLS | I-G | 1978 | 203,229 | $9.5M |
| 7910 48 ST SE | FOOTHILLS INDUSTRIAL | I-G | 2008 | 112,515 | $8.3M |
| 2008 48 ST SE | FOREST LAWN - INDUSTRIAL | DC | 1972 | 87,114 | $8.0M |
The City of Calgary assessment roll publishes a parcel area of 71,690 sq ft (1.65 acres, 6,660 m²) for this account. That is land area, not building floor area or leasable area.
The 2026 City of Calgary assessment on roll number 202700282 is $3,340,000. 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-C land-use designation — Industrial - Commercial District (I-C). 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 East Shepard 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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