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How Much Cost to Build a Paver Parking Lot?

A build new paver parking lot costs between $12,000 and $170,000 on average. The size, the building material, and the scope of the project all play a role in the price of a paver parking lot.

Our paving experts will elaborate on the cost of building a new parking lot, including a detailed section on the factors influencing the price. We’ll also delve into the cheapest versus the most expensive parking lot materials. Keep reading!

Paver Parking Lot
International Average Cost Minimum Cost Maximum Cost
$80,000 $12,000 $170,000+

MORE ABOUT—PARKING LOT

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Frequently Asked Questions (FAQs)

Asphalt
 
Asphalt: Functional, durable and cost-effective, asphalt is probably the most popular parking lot material in both homes and businesses across the country. An asphalt parking lot is installed in a shorter amount of time, and, when maintained properly, it can last up to 20 years.
 

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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. The efficiency decreases as the parking angle decreases.

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Also known as curb stops or parking blocks, wheelstops are the small barriers used at the end of parking spaces to assist attentive drivers with parking their vehicles; wheelstops are also consistently identified as pedestrian tripping hazards.
 
Types of Parking:
  • 1) Angle Parking:
  • 2) Perpendicular Parking:
  • 3) Parallel Parking:
  • 4) Illegal Parking:

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Is Investing in Car Parks Risky? If you find a good location, parking lots can generate generous monthly income from lease payments. And the time and cost of management and maintenance is usually far less than other forms of property. That said, any investment carries risk

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How Much Does It Cost to Pave a Parking Lot per Square Foot?

Paver parking lots typically cost between $9 and $16 per square foot and are usually made of either asphalt or concrete. Paver is the less expensive option at $8 to $14 per square foot, while concrete is $10 to $20 per square foot. Gravel is also affordable at $6 to $14 per square foot, though the parking lot is not paved.

Paver Parking Lot

The average parking spot requires 300 to 350 square feet (ca. 33 m²) per car, plus some open area for walking space, so keep this in mind as you plan what size you need.

How Much Parking Lot Can I Have Paved With My Budget?

Depending on your budget, you can afford a variety of parking lot sizes. Here are some common budget ranges and what you can get for each.

$12,000

For this amount, you can probably get a 10-car parking lot paving, measuring around 4,000 square feet (3.72 a). If you choose Asphalt, you can likely make your lot bigger than if you choose concrete.

$80,000

You will be able to build a parking lot that is closer to 30,000 square feet (approximately 28 acres), which can fit around 100 cars.

$170,000+

At the absolute top end, you can afford a 60,000-square-foot parking lot for 200 cars. This is a size more commonly used for commercial buildings like shopping stores and office spaces.

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We offer professional paver installation services to help you create the perfect outdoor living space. We can install pavers of all shapes and sizes, and can work with you to create a custom design that fits your needs. We take pride in our work, and will make sure that your new pavers are installed correctly and will last for years to come. Contact us today to get started on your new paver project!

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A contract is signed and a start and end date is set.

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Our company has all the necessary types of insurance to complete the work. On average, our installers team has over 5+ years of tiling experience.

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Within the agreed time frame, the work is performed, and the final settlement takes place. We provide a 1-year warranty for the work performed.

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Ready to give your patios, driveways, and pathways an overhaul without breaking your budget? If yes, give Pavers Experts Company a ring today. We will show you how we can revive your boring patios, pathways, decks, and other outdoor fixtures with pavers that not only reflect your style but achieve the positive image you want people to see when they see or visit your space.

To get started, call us through our hotline today, and one of our paving contractors will be ready to answer your questions and get you started with your project. Call Pavers Experts Company at +1 (754) 218-2365 for your Free Consultation with a Pavers Expert!

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