COMMERCIALLY.× REAL BROKER CALGARY WAREHOUSE RECORD · ALBERTA hello@commercially.ca
Calgary warehouse record · East Shepard Industrial

12686 48 ST SE

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.

I-C land use50,000 – 99,999 sq ftBuilt 2006Southeast CalgaryWithin 500 m of a truck route
2026 assessment
$3.3M
Site area
72K sq ft
Year built
2006
Land use
I-C
Assessment years on file
7
Permit + application records
14
01 · The public record

What the City of Calgary publishes about this property

Civic address12686 48 ST SE
Industrial areaEast Shepard Industrial
Street48 Street SE
City quadrantSoutheast Calgary
Assessment roll number202700282
City parcel identifier (CPID)960644812
Short legal description0611397;9;1
Land-use designationI-C
Assessment property typeLI
Sub-property use codeI102
Year of construction2006
Parcel area71,690 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 coordinates50.93533, -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.

02 · Assessment history

2020–2026 assessed value on roll 202700282

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.

$0$2.4M$4.7M 2020202120222023202420252026
+4.7%Year over year2026 vs 2025
-10.9%Three-year changeArithmetic change in assessed value
-8.0%Five-year changeArithmetic change in assessed value
-23.7%Since 2020From $4,380,000
Annual assessment observations · roll 202700282
Roll yearAssessed valueNon-residentialChangeLand 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$4,380,000I-C
03 · Permit + development activity

Records matched to this exact civic address

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.

Building permits · 3 total records
PermitDateTypeStatusDescription on file
BP2021-171472023-06-15Fire/ Security AlarmCompletedFire Alarm Alteration
BP2022-127322023-06-08AlterationCompletedA2 Recreation - Interior Alterations - Bolder Climbing
BP2022-098012023-02-07AlterationCompletedSelective Interior Demolition
Development applications · 11 total records
ApplicationDateTypeStatusDescription on file
DP2023-049812023-08-16Change Of Use - Permitted UseCancelledCHANGE OF USE: INSTRUCTIONAL FACILITY
DP2023-008832023-02-24Signs - Permitted UseReleasedNEW: SIGN - CLASS B (FASCIA SIGNS - 2)
DP2022-037062022-07-25Renovations - Non-ResidentialReleasedEXTERIOR RENOVATIONS: INDOOR RECREATION FACILITY, RETAIL AND CONSUMER SERVICE, HEALTH CARE SERVICE, RESTAURANT: LICENSED (ADDITIONAL ROOF SPACE)
DP2021-090952022-02-25Change Of Use - Discretionary Use Or Relaxations RequiredReleasedCHANGE OF USE: INDOOR RECREATION FACILITY, RETAIL AND CONSUMER SERVICE, HEALTH CARE SERVICE, RESTAURANT: LICENSED
DP2021-79112021-12-01Change Of Use - Permitted UseReleasedCHANGE OF USE: INDOOR RECREATION FACILITY, RETAIL AND CONSUMER SERVICE, HEALTH CARE SERVICE, RESTAURANT: FOOD SERVICE ONLY
DP2021-35892021-06-22Change Of Use - Permitted UseReleasedCHANGE OF USE: GENERAL INDISTRIAL- LIGHT, RETAIL AND CONSUMER SERVICE, OFFICE
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 →

22 mNearest truck routeUnrestricted truck route
768 mNearest dangerous-goods routeDangerous goods route
05 · Around it

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.

All 500 in East Shepard Industrial →
06 · Same street

More industrial addresses on 48 Street SE

Open the street record →
07 · Questions

Common questions about 12686 48 ST SE

How big is the site at 12686 48 ST SE?

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.

What is 12686 48 ST SE assessed at?

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.

What zoning applies at 12686 48 ST SE?

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.

Is 12686 48 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 →

Looking for space, not records?

Tell us the requirement and we will research East Shepard Industrial directly.

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.

Submit a warehouse requirement Explore East Shepard Industrial