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Homes for Sale in Shepard Industrial, Calgary

Shepard Industrial is Calgary''s largest purely industrial neighbourhood, covering roughly 4.2 km² in the southeast quadrant.

Active listings

3

Median list price

$2,740,200

Avg list price

$3,860,067

Homes for Sale in Shepard Industrial, Calgary

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Buying in Shepard Industrial

Who fits here

Shepard Industrial is Calgary''s largest purely industrial neighbourhood, covering roughly 4.2 km² in the southeast quadrant. If you are looking for a quiet residential street, a coffee shop walkable from the front door, or a school nearby, this is not that neighbourhood — and that honesty matters. What Shepard Industrial does offer is rare: large-format industrial land and buildings in an established, serviced park with direct access to Stoney Trail, Deerfoot Trail, and Barlow Trail. Buyers here are typically owner-operators seeking a strata warehouse unit or freestanding bay, investors acquiring flex-industrial or general industrial (I-G zoned) assets, and businesses needing proximity to Calgary''s southeast distribution corridor. The small residential pocket in the northwest corner — primarily mobile homes — caters to a very specific household: employees and tradespeople who want to live minutes from where they work and accept a utilitarian setting in exchange for low costs. For a business buyer, Shepard Industrial represents one of Calgary''s most strategically placed industrial locations, sitting roughly 24 km east of downtown with no residential encroachment pressures to constrain operations.

Current market in the neighbourhood

Shepard Industrial trades almost exclusively as commercial and industrial real estate. Over the past 12 months, properties changed hands in the area. The median sold price was, while the average sold price came in. Properties averaged days on market before selling, and deals closed at an average of of list price — a useful signal of how competitive industrial assets are in southeast Calgary right now. Average price per square foot was, with the overall price range running from. Calgary''s industrial sector contributes $300 million in annual tax revenue and employs over 66,000 people citywide, underpinning sustained occupier demand that continues to support values in established parks like Shepard.

Commute and lifestyle

Shepard Industrial sits at the convergence of three major Calgary corridors: Stoney Trail (Calgary''s ring road), Deerfoot Trail (the primary north-south highway spine), and Barlow Trail. For fleet operators and employees commuting by vehicle, the logistics are as good as anywhere in the city — no downtown bottlenecks, direct on-ramp access, and clear routes toward the Trans-Canada Highway and Highway 2. The future Green Line LRT will bring meaningful transit access to the broader Shepard area: groundbreaking took place in June 2025, the Shepard Station design reached 90% completion in December 2025, and opening is targeted for 2031. That station will connect SE Calgary to downtown in roughly 25 minutes less than current bus service and includes a park-and-ride with approximately 920 stalls. For everyday amenities — groceries, restaurants, gyms — employees currently drive to nearby communities: Riverbend, Douglas Glen, and McKenzie Towne are each within a short drive. The Shepard Wetland, built using infrastructure funded by City industrial land sales, sits adjacent to the industrial area and provides an unexpected green buffer for the southeast.

Long-term context

Industrial real estate in Calgary has shown durable value growth over the past decade, driven by e-commerce, distribution network buildouts, and the city''s position as western Canada''s largest inland port. Shepard Industrial benefits from a structural supply constraint: the neighbourhood is substantially built out, so new I-G inventory is not appearing next door to erode values. Calgary''s Industrial Action Plan (approved June 2025) confirms the city''s intent to protect and strengthen existing industrial land rather than rezone it for competing uses, a policy tailwind for established owners. Assessment data shows Calgary''s industrial sector generating $300 million in annual tax revenue across roughly 11% of the city''s jobs — a base that sustains occupier demand. The Green Line LRT''s Shepard terminus, targeting a 2031 opening, adds a long-term accessibility premium that is not yet priced into most current transactions, making the early-2026 window a potentially attractive entry point for patient investors.

About Shepard Industrial

Overview

Shepard Industrial is a unique neighborhood in Calgary's southeast quadrant, predominantly known as a commercial and light industrial hub that also features a small, tucked-away residential enclave. Evolving from its historical roots as an 1880s Canadian Pacific Railway station, the area now offers a distinctive blend of bustling logistics centers, business parks, and a practical, close-knit residential community.

Location

Situated in southeast Calgary, Shepard Industrial provides exceptional connectivity for commuters and commercial transport alike. The neighborhood is positioned east of Deerfoot Trail and generally south of Glenmore Trail, offering straightforward access to the city's major transportation corridors and the nearby Stoney Trail ring road.

Housing character

Housing in Shepard Industrial is highly affordable, primarily consisting of mobile homes within a dedicated park, alongside opportunities for residential land investment. The market caters to budget-conscious buyers and investors seeking accessible property ownership, featuring an average sold price of with properties spending an average of on the market.

Schools

Due to its primarily commercial and industrial zoning, there are no educational facilities located directly within Shepard Industrial. Families residing in the community typically utilize public and Catholic schools located in the adjacent residential neighborhoods of Douglasglen, Riverbend, and Ogden.

Transit

The area is serviced by Calgary Transit bus routes that accommodate both local residents and the significant industrial workforce. Commuters also benefit from close proximity to the Douglas Glen Park and Ride, which provides convenient access to the MAX Teal bus rapid transit (BRT) line for efficient crosstown travel.

Shopping and dining

While the immediate neighborhood features local industrial park eateries and convenient services, residents are just a short drive from major commercial hubs. South Trail Crossing along 130th Avenue SE and the expansive Deerfoot Meadows are nearby, providing a massive selection of big-box retailers, grocery stores, and diverse dining options.

Parks and recreation

Recreational opportunities are easily accessible just outside the industrial footprint. Residents are close to the sprawling Ralph Klein Park to the east, which offers extensive natural wetlands and environmental education, as well as the nearby Bow River pathway system and Carburn Park for outdoor activities.

Lifestyle

Life in Shepard Industrial is practical and heavily oriented around its commercial surroundings. It appeals to those seeking an affordable, low-maintenance lifestyle or a strategic land base within a major employment node, combining the quiet privacy of a small residential pocket with the steady energy of an industrial sector.

See recent sold prices in Shepard Industrial, Calgary

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Frequently Asked Questions

Almost entirely no. Shepard Industrial is zoned I-G (Industrial – General) across the vast majority of its 4.2 km². There is a small residential pocket in the northwest corner consisting of mobile homes, but buyers should treat this as an industrial district first and foremost.

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The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Listing information last updated on April 25, 2026 at 6:00 pm (America/Edmonton)