11199 48 ST SE
- Site area
- 216K sq ft
- Year built
- 2011
- 2026 assessment
- $9.8M
- Land use
- I-G
Calgary warehouse record · East Shepard Industrial
4140 120 AV SE
Sitting in East Shepard Industrial in Southeast Calgary, 4140 120 AV SE occupies 205,597 sq ft (4.72 acres) of land and is designated I-G under the Calgary Land Use Bylaw. The City of Calgary records it as a 2000s building (2002). Its assessment account has 21 annual observations on file, from 2006 through 2026.
I-G land use100,000 – 249,999 sq ftBuilt 2002Southeast CalgaryWithin 500 m of a truck route
- 2026 assessment
- $9.1M
- Site area
- 206K sq ft
- Year built
- 2002
- Land use
- I-G
- Assessment years on file
- 21
- Permit + application records
- 8
01 · The public record
What the City of Calgary publishes about this property
| Civic address | 4140 120 AV SE |
|---|---|
| Industrial area | East Shepard Industrial |
| Street | 120 AV SE |
| City quadrant | Southeast Calgary |
| Assessment roll number | 200713212 |
| City parcel identifier (CPID) | 96112264 |
| Short legal description | 0511460;6;3A |
| Land-use designation | I-G |
| Assessment property type | LI |
| Sub-property use code | I102 |
| Year of construction | 2002 |
| Parcel area | 205,597 sq ft · 4.72 acres · 19,100 m² |
| 2026 assessed value | $9,130,000 |
| 2026 non-residential assessed value | $9,130,000 |
| Assessed value per land sq ft | $44.41 |
| Reference coordinates | 50.94315, -113.97467 · open on a map |
The 2026 assessment on this account is $9,130,000 — the 522nd highest assessed value of the 6,205 industrial accounts on the Calgary roll and 69th of 500 in East Shepard Industrial. Divided by the published parcel area, that is $44.41 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 21 years of assessment history published for this roll number, the assessed value moved from $3,480,000 in 2006 to $9,130,000 in 2026 — 162.4% higher. Year over year it moved +9.2%, and +31.4% 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 1 building permit record and 7 development applications to this exact civic address, the most recent dated 2026-08-24. 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 26 m away (unrestricted truck route), and the nearest dangerous-goods route is 250 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
2006–2026 assessed value on roll 200713212
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.
+9.2%Year over year2026 vs 2025
+33.5%Three-year changeArithmetic change in assessed value
+31.4%Five-year changeArithmetic change in assessed value
+162.4%Since 2006From $3,480,000
| Roll year | Assessed value | Non-residential | Change | Land use on file |
|---|---|---|---|---|
| 2026 | $9,130,000 | $9,130,000 | +9.2% | I-G |
| 2025 | $8,360,000 | $8,360,000 | +8.3% | I-G |
| 2024 | $7,720,000 | $7,720,000 | +12.9% | I-G |
| 2023 | $6,840,000 | $6,840,000 | +3.5% | I-G |
| 2022 | $6,610,000 | $6,610,000 | -4.9% | I-G |
| 2021 | $6,950,000 | $6,950,000 | +1.5% | I-G |
| 2020 | $6,850,000 | $6,850,000 | -6.7% | I-G |
| 2019 | $7,340,000 | $7,340,000 | +2.7% | I-G |
| 2018 | $7,150,000 | $7,150,000 | -8.5% | I-G |
| 2017 | $7,810,000 | $7,810,000 | +6.3% | I-G |
| 2016 | $7,350,000 | $7,350,000 | -4.4% | — |
| 2015 | $7,690,000 | $7,690,000 | +8.6% | — |
| 2014 | $7,080,000 | $7,080,000 | +6.8% | — |
| 2013 | $6,630,000 | $6,630,000 | +13.1% | — |
| 2012 | $5,860,000 | $5,860,000 | -8.7% | — |
| 2011 | $6,420,000 | $6,420,000 | +5.4% | — |
| 2010 | $6,090,000 | $6,090,000 | -15.5% | — |
| 2009 | $7,210,000 | $7,210,000 | +35.5% | — |
| 2008 | $5,321,500 | $5,321,500 | +30.1% | — |
| 2007 | $4,090,000 | $4,090,000 | +17.5% | — |
| 2006 | $3,480,000 | $3,480,000 | — | — |
03 · Permit + development activity
Records matched to this exact civic address
1 building permit and 7 development application records are connected to 4140 120 AV 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 |
|---|---|---|---|---|
| BP2026-12183 | 2026-06-30 | New | Pending Prescreen Review | 3203 - Warehouse |
| Application | Date | Type | Status | Description on file |
|---|---|---|---|---|
| DP2026-01397 | 2026-08-24 | Industrial - Other Areas | Released | NEW: GENERAL INDUSTRIAL - MEDIUM (1 BUILDING, 2 PHASES), ADDITION: GENERAL INDUSTRIAL - MEDIUM |
| DP2009-4208 | 2010-03-22 | Temporary Structure | Released | TEMPORARY USE: GENERAL INDUSTRIAL - MEDIUM (STORAGE TENTS) |
| DP2008-1744 | 2008-05-30 | Industrial - Other Areas | Inactive | : WAREHOUSE - STORAGE ONLY |
| DP2005-2581 | 2006-04-20 | Industrial - Other Areas | Lapsed | INDUSTRIAL BUILDING, TEMPORARY TENT AND FASCIA SIGNAGE |
| DP2002-3576 | 2002-11-15 | Development application | Released | FASCIA SIGN |
| DP2002-1398 | 2002-06-27 | Development application | Expired | TEMPORARY STRUCTURE - STORAGE TENT (3 YEARS) |
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 →
26 mNearest truck routeUnrestricted truck route
250 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.
7329 110 AV SE
- Site area
- 105K sq ft
- Year built
- 2010
- 2026 assessment
- $9.4M
- Land use
- I-G
7243 110 AV SE
- Site area
- 105K sq ft
- Year built
- 2008
- 2026 assessment
- $9.4M
- Land use
- I-G
10908 70 ST SE
- Site area
- 144K sq ft
- Year built
- 2013
- 2026 assessment
- $9.1M
- Land use
- I-G
4700 102 AV SE
- Site area
- 334K sq ft
- Year built
- 2009
- 2026 assessment
- $8.9M
- Land use
- I-G
7200 106 AV SE
- Site area
- 197K sq ft
- Year built
- 2020
- 2026 assessment
- $8.8M
- Land use
- I-G
07 · Questions
Common questions about 4140 120 AV SE
How big is the site at 4140 120 AV SE?
The City of Calgary assessment roll publishes a parcel area of 205,597 sq ft (4.72 acres, 19,100 m²) for this account. That is land area, not building floor area or leasable area.
What is 4140 120 AV SE assessed at?
The 2026 City of Calgary assessment on roll number 200713212 is $9,130,000. 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 4140 120 AV 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 4140 120 AV 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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