How much does a parking lot cost of asphalt paving?
Your contractor may charge more or less depending on how in-depth the paving project is. Square Footage. Of course, the ultimate factor in cost determination is the paving project’s square footage. Generally speaking, paving an asphalt parking lot should cost anywhere from $2-$5 per square foot.
How much does it cost to resurface a parking lot?
The cost to pave a parking lot ranges from $900 to $2,100 per space for resurfacing. Lots typically need 300 square feet per space, which includes room for lanes, entrances and exits. At $3 to $7 per square foot, resurfacing blacktop in your backyard costs $450 to $7,000.
How thick should concrete paving be for a parking lot?
- Reinforcement is generally not necessary in a concrete parking lot. ...
- The exception to the rule about no dowels or reinforcement is tie bars. ...
- The edges of parking lots should be thickened if cars will park close to the edge. ...
How much does a Pave Low cost?
Driveway pavers cost between $10 and $50 per square foot.Assuming a standard 16-by-38-foot surface area, the total cost ranges between $6,100 and $30,400, or $17,000 on average. Depending on the exact material and location, that price can increase to $80 per square foot, or $49,000 total.
How do I estimate a parking lot?
You calculate it by dividing the building's number of spaces by its total square footage in thousands of feet. For instance, take a 40,000 square foot building with a 200 space parking lot. Divide 200 (spaces) by 40 (thousand square feet) to find a parking ratio of 5 spaces per 1,000 square feet of space.
How much does it cost to Pave 900 square feet?
Asphalt paving costs $3 to $7 per square foot on average. Asphalt materials and installation labor costs $2 to $4 per square foot, plus basic excavating and installing a gravel subgrade costs $1 to $3 per square foot. Adding colors, patterns, curbs, or sidewalks cost extra.
How do you Pave a parking lot?
Parking Lot Paving StepsStep 1: Preparation/Permits/Mark-out.Step 2: Milling of Existing Surface (If needed)Step 3: Grading and Base Materials.Step 4: Installation of New Asphalt.Step 5: Compaction of Asphalt.Step 6: Pavement Marking.
How much does it cost to Pave a parking lot in California?
Cost to Pave a Small Parking Lot in Southern California Nationally, asphalt parking lot paving costs between $3 and $5 per square foot, but it's important to get the services of a trusted local leader in asphalt paving.
Is concrete cheaper than asphalt?
Because the substance used to create asphalt is less expensive than cement, asphalt driveways are usually 30% to 45% less expensive than concrete. Curing Time - Asphalt driveways can be completed faster than concrete driveways, which is the reason it is used almost exclusively for road construction.
How much is a 700 ft driveway?
For a larger driveway or thicker base, the cost will be higher. For example, a driveway 15 feet wide by 700 feet long with a six inch base will need approximately 25 tons of gravel, at a material cost of about $700. With delivery, the total cost will be around $1000.
How many layers of asphalt do I need for a parking lot?
the typical minimum aggregate base design will require a 6-inch aggregate layer, 2.5-inch asphalt base layer, and 1.5-inch asphalt surface layer; the typical minimum full-depth design will require a 5-inch asphalt layer.
What is the most efficient parking lot layout?
Ideally, parking lots should be rectangular with parking on both sides of access aisles. For two-way traffic flow, parking spaces perpendicular (90 degrees) to the aisles provide the most efficient design.
What type of concrete is used for parking lots?
Using traditional design methodologies, standard-duty concrete lots required 7-inch of concrete over a 6-in subbase. The newer standard specifies 5-inch of concrete with no subbase. Heavy-duty lots that were once designed with 8-inch of concrete over a 6-inch subbase now require 6-inch concrete over a 4-inch subbase.
How much does it cost to repave a large parking lot?
Average Cost to Pave a Parking Lot Expect to pay between $2.50 and $4.50 for asphalt or $4 to $7 for concrete. Total costs vary drastically based on the size of the lot, ranging anywhere from $10,000 for a 10 car space with 4,000 square feet to $700,000 for a 300-car area covering 100,000 square feet.
How much does it cost to make a concrete parking lot?
For example, a small parking lot, which is considered about 25,000 square feet with room for about 200 cars, can typically be constructed for somewhere between $75,000 to $150,000 depending on the type of traffic you expect. That pricing breaks down to about $3 to $6 per square foot on average.
How profitable is a parking lot business?
How much profit can a parking lot business make? One small lot with 20 spaces that earns, on average, $10 per space per day will have $200 per day in gross revenues and earn $73,000 in gross revenues per year.
How much does it cost to re-pave a parking lot?
How Much Does Commercial Parking Lot Paving Cost? On average, it costs between $1.49 and $1.69 per square foot to re-pave an asphalt parking lot. Striping, marking, and curbing will come at an additional cost.
How much does it cost to install an asphalt driveway?
Other sources estimate the cost to install an asphalt driveway to be between $2,300 and $10,300. Homeowners typically pay per square foot. Reibling adds the average cost per square foot is between $3.50 and $4.50.
How to maintain a parking lot?
You can maintain your parking lot in the following ways. 1. Sealcoat your asphalt. Your contractor may offer sealcoating as part of the paving process. Either way, seal coating usually costs less than 25 cents per square foot and provides a protective barrier between the asphalt and harmful elements. 2.
How to keep asphalt from leaking?
Keep an eye on your parking lot to make sure small problems don’t grow larger. 3. Clean spills thoroughly. Once your asphalt parking lot has been paved, invest in an asphalt cleaner. Vehicles often drip fluids that can wear down asphalt.
Is asphalt better than concrete?
Concrete – Is Asphalt Better? Many home and business owners assume that because asphalt paving is more affordable than concrete paving, asphalt must be lower quality. However, a properly-maintained asphalt lot generally lasts just as long as a properly-maintained concrete lot .
What are the requirements for building a parking lot?
Building a new parking lot requires many considerations, such as the size, material, and whether you need drainage. Once you can answer those questions, you’ll have a clearer idea of how much your project will cost.
What does reinforcing concrete do to a parking lot?
By reinforcing your concrete and adding drainage options, your parking lot builders have to expend a lot more time and energy. The extra labor drives up the overall price of your project.
Is gravel a lot?
A gravel parking lot has the look of asphalt but not the price. Maintaining your lot will be easier compared to an asphalt or concrete lot, and installation of a gravel lot typically doesn’t take long either. Do make sure you’re using specific types of gravel for the longevity of your lot, including marble chips, pea gravel, or crushed stone.
Parking Lots Cost Factors
Learn about the factors that increase and decrease the cost of striping a parking lot.
Parking Lots Cost Research & Resources
How to Bid a Parking Lot Sweeping Job This is a helpful resource for parking lot sweeping services. Get tips for estimating new jobs and submitting successful bids.
Parking Lots Cost Data
Estimated quote takes into account the price of asphalt paving. Also includes surface preparation, minor pothole repairs, and new 2-inch layer of compacted hot asphalt.
Existing Pavement
What is the type of existing pavement? The material used in the existing pavement and the condition of the pavement determines how to proceed.
Ground Condition
The condition of the ground will affect what preparations need to happen before paving can begin. For instance, grading may be needed to smooth down an area, or draining may be desired to prevent water buildup. If the pavement has rutted or has extensive potholes a repair of the subgrade may be needed.
Materials Desired
Materials used in the sub-base and asphalt mix also affect the cost of paving. RAP will bring the cost down, while if you need a specialty mix the price may increase.
Deadline and Schedule
Are you on a tight deadline? Do you need work to be rushed? The timing of the project will affect costs. If this is a project to be completed only at night or on particular days of the week cost is likely to increase. Rush jobs that need very quick turnaround may also have a higher cost.
Shape of Lot
If the paving lot is to be an unusual shape, with lots of angles that need to be worked around, cost will increase. That said, a simple square without obstacles will dramatically bring down cost!
Accessibility
How easy is it to get workers and equipment to your lot? The harder it is for workers and equipment to get you, the more cost is likely to be affected. This is especially important for parking lots in the city where trucks and large equipment may have trouble maneuvering.
What determines the cost of asphalt paving?
Cost of the materials used in the base layer and the surface layer also determines the overall asphalt paving costs. A base layer is laid in the middle of sub-base and surface layer and can consist of aggregate or hot mix asphalt.
Why do you need to mill asphalt before paving?
The parking lot surface may benefit from milling prior to paving if it has severe cracks and drainage issues. Asphalt Milling is an affordable solution for surface repairs. The entire process basically involves grinding up an asphalt surface to provide a smoother layer for paving it.
How does hot mix affect asphalt cost?
The cost of hot mix asphalt changes according to the changes in the cost of liquid asphalt cement. Most importantly, the availability of raw materials also impacts the final paving cost.
How long does asphalt last?
It also guarantees durability as a well-paved parking surface can last for up to 20 years. And the best part is asphalt fairs well in harsher climates of Toronto.
Can moisture damage a parking lot?
Moisture damage can be lethal for your parking lot. A good paving contractor will always check for any drainage issues in any of the layers. Taking this important step goes a long way in preserving the structural strength of asphalt.
Is it worth ignoring a damaged parking lot?
Remember, ignoring a damaged parking lot can cost you even more in the long term. The final costs may go beyond your estimated budget, but, in the end, it’s worth it. And a well-executed paving job always shows in the final outcome. Moreover, finishing a paving project is not a job for an amateur.
Is asphalt good for parking lots?
This is the question that interests people who want a polished black colored asphalt parking lot. First and foremost, you’re definitely choosing an economical option with asphalt paving. Asphalt Parking lot has been a top choice of homeowners and with good reasons. Being a cost-effective option, asphalt greatly reduces the up-front costs ...
Parking Lot Paving
What Is The Average Cost of An Asphalt Parking lot?
- If you’re a commercial property owner, you have probably been weighing the pros and cons of an asphalt parking lot. One benefit of asphalt paving is that it is extremely affordable compared to concrete paving. However, the cost of paving an asphalt parking lot can vary depending on several factors. Not all paving companies offer the same services. Make sure you ask plenty of question…
Asphalt vs. Concrete – Is Asphalt Better?
- Many home and business owners assume that because asphalt paving is more affordable than concrete paving, asphalt must be of lower quality. However, a properly-maintained asphalt lot generally lasts just as long as a properly-maintained concrete lot. As long as you care for your asphalt driveway or parking lot, you will spend less money overall on quality results. The main di…
Don’T Forget About Maintenance Costs!
- Like any asset or appliance, you have to factor in maintenance costs to your long-term investment. Fortunately, maintaining an asphalt parking lot is just as affordable as installing one. You can maintain your parking lot in the following ways.
Who Are We, and How Can We Help?
- You can count on Walt’s Paving to complete your residential or commercial paving project in an efficient and timely manner. We have over 40 years of experience paving asphalt driveways, making asphalt repairs, andsealcoatingasphalt. We are located in Osceola IN and service homeowners and businesses within 50 miles of Elkhart IN.Call us today.