Calgary / Shepard Industrial
Shepard Industrial
241 properties on the 2026 roll, in Ward 12. Another 1 titled parking stalls and storage units are on the roll here; they are left out of every figure on this page.
The City classes this as an industrial area.
Homes
Assessed values are the City of Calgary’s assessments, not sale prices. Figures are for each year’s assessment roll.
Median assessed value, 2026
$737,000
241 properties · +47% since 2012
Middle half of properties
$341,500 to $3.5M
25th to 75th percentile
City median
$618,000
Ward 12 median $613,500
All properties, 2012 to 2026
| Year | Median | Middle half | Properties |
|---|---|---|---|
| 2026 | $737,000 | $341,500 to $3.5M | 241 |
| 2025 | $736,500 | $345,875 to $3.0M | 240 |
| 2024 | $692,000 | $352,000 to $3.2M | 241 |
| 2023 | $685,000 | $355,000 to $3.2M | 237 |
| 2022 | $602,500 | $330,375 to $2.9M | 238 |
| 2021 | $618,500 | $326,500 to $2.8M | 241 |
| 2020 | $680,000 | $401,500 to $2.8M | 241 |
| 2019 | $682,500 | $311,125 to $2.2M | 260 |
| 2018 | $674,750 | $344,375 to $2.4M | 262 |
| 2017 | $815,000 | $278,000 to $3.9M | 205 |
| 2016 | $770,000 | $258,250 to $4.1M | 207 |
| 2015 | $664,750 | $255,875 to $3.5M | 234 |
| 2014 | $579,250 | $266,000 to $3.0M | 230 |
| 2013 | $541,500 | $236,000 to $2.4M | 250 |
| 2012 | $501,500 | $211,500 to $2.1M | 243 |
By median assessed value this is number 38 of 44 industrial areas with enough properties to publish one. The city-wide median is $618,000.
Building
Building permits the City issued here, by year and category. Construction values are the estimated project cost on the permit. Permits cancelled after they were issued are left out. Addresses and descriptions are not shown.
| Year | Permits | Construction value | Housing units |
|---|---|---|---|
| 2026 (so far) | 16 | $4.8M | 0 |
| 2025 | 24 | $78M | 471 |
| 2024 | 14 | $10M | 0 |
| 2023 | 24 | $3.8M | 0 |
| 2022 | 20 | $3.1M | 0 |
| 2021 | 21 | $2.3M | 0 |
2025, by category
| Category | Permits | Construction value | Housing units |
|---|---|---|---|
| Commercial renovations | 18 | $1.5M | — |
| New apartment buildings | 3 | $76M | 471 |
| Home renovations and additions | 2 | $609,500 | — |
| New commercial and public buildings | 1 | $15,000 | — |
Largest recent projects
- Feb 2025: Apartment, new, $49M
- Apr 2025: Apartment, new, $16M
- Apr 2025: Apartment, new, $11M
- Dec 2024: Indust/manufacture misc., alteration, $8.0M
- Feb 2026: Office, alteration, $1.5M
Businesses
203 active business licences here, 26 issued in the last year. Counts include every licence type. Names are shown only for storefront licences (shops, restaurants, salons, garages and the like), and only where the name reads as a business, not a person. Massage, home-based and mobile licences are counted, never named.
| Category | Active | New in last year | Share |
|---|---|---|---|
| Contractors | 34 | 5 | 17% |
| Shops and grocery stores | 31 | 5 | 15% |
| Wholesale and warehousing | 25 | 2 | 12% |
| Auto repair and body shops | 23 | 2 | 11% |
| Manufacturing | 21 | 0 | 10% |
| Restaurants, cafés and bars | 17 | 4 | 8% |
| Hair, beauty and personal services | 11 | 4 | 5% |
| Car dealers | 8 | 0 | 4% |
| Takeout and food counters | 8 | 1 | 4% |
| Massage centres | 6 | 0 | 3% |
| Schools and training | 6 | 2 | 3% |
| Fitness | 3 | 0 | 1% |
| Hotels | 2 | 1 | 1% |
| Tattoo and piercing | 2 | 0 | 1% |
| Cannabis | 1 | 0 | 0% |
Recently opened storefronts
- YYC ELECTRIC WHOLESALE · Shops and grocery stores · issued 2026-10-06
- JSC TAEKWONDO ACADEMY · Schools and training · issued 2026-09-22
- SOUTH TRAIL PHARMACY · Shops and grocery stores · issued 2026-08-05
- DEERFOOT INN & CASINO · Hotels · issued 2026-06-26
- SOUL CENTRE · Hair, beauty and personal services · issued 2026-03-31
- SCHOOL OF ROCK · Schools and training · issued 2026-03-02
- MODERM LASER AND AESTHETICS · Hair, beauty and personal services · issued 2026-02-20
- THE QUARRY CAFE · Restaurants, cafés and bars · issued 2026-01-19
Nearby communities
South Foothills · East Shepard Industrial · Section 23 · Ogden Shops · Foothills · Glendeer Business Park
Sources
City of Calgary Open Data: Current Year and Historical Property Assessments (current roll 2026; history 2012 to 2025), Calgary Business Licenses, Building Permits, Communities by Ward. Data built 2026-10-15. How these are worked out.