Parking Lot Asphalt Cost Overview
Larger areas require more materials and labor, increasing overall costs.
Existing surface repairs can add to the project expenses.
Accessibility and regional costs influence the final price.
| Factor | Estimated Cost Range |
|---|---|
| Small parking lot (up to 1,000 sq ft) | $3,000 - $6,000 |
| Medium parking lot (1,000 - 5,000 sq ft) | $6,000 - $15,000 |
| Large parking lot (over 5,000 sq ft) | $15,000 - $50,000 |
| Surface repairs | $1,000 - $10,000 |
| Edge trimming and sealing | $500 - $2,000 |
| Drainage installation | $2,000 - $8,000 |
| Line striping | $300 - $1,000 |
| Base preparation | $2,000 - $10,000 |
Additional costs such as drainage installation and line striping are essential for long-term functionality and safety, contributing to the total project budget. Proper planning and detailed estimates can help in managing expenses effectively, ensuring the parking lot meets operational requirements without unexpected financial burdens.
The initial paving involves surface preparation, asphalt laying, and compaction.
Proper drainage installation prevents water damage and prolongs pavement life.
Marking parking spaces and directions enhances safety and organization.
| Service | Average Price Range |
|---|---|
| Sealcoating | $0.15 - $0.30 per sq ft |
| Crack Filling | $1 - $3 per linear foot |
| Pothole Repair | $50 - $150 per hole |
| Edge Resurfacing | $2 - $5 per linear foot |
| Speed Bumps Installation | $300 - $700 each |
| Parking Lot Lighting Installation | $2,000 - $8,000 |
| Slope and Grade Correction | $1,000 - $5,000 |
| Expansion Joint Replacement | $3 - $6 per linear foot |
| Surface Milling | $1 - $3 per sq ft |
| Parking Lot Signage | $200 - $1,000 |