Cost of Commercial Parking Lot Paving in Lima
If you're considering paving a commercial parking lot in Lima, OH, it's essential to understand the various costs involved. From the materials used to the size of the lot, numerous factors can influence the overall expense. This guide provides a detailed look at what you can expect to pay and the elements that can affect pricing.
Factors Affecting Cost
- Size of the Parking Lot: Larger lots require more materials and labor, increasing the overall cost.
- Material Choice: Asphalt, concrete, and other materials vary in price and durability.
- Labor Costs: Skilled labor rates in Lima, OH, can impact the total expense.
- Site Preparation: The condition of the existing site may require additional work such as grading or excavation.
- Drainage Requirements: Proper drainage systems are crucial and can add to the cost.
- Permits and Regulations: Compliance with local laws and obtaining necessary permits can incur additional fees.
Average Costs for Common Tasks
| Task | Average Cost (Lima, OH) |
|---|---|
| Asphalt Paving | $3 - $5 per sq. ft. |
| Concrete Paving | $4 - $7 per sq. ft. |
| Sealcoating | $0.15 - $0.25 per sq. ft. |
| Line Striping | $300 - $500 per lot |
| Excavation and Grading | $1,500 - $3,000 per acre |
| Drainage Installation | $1,000 - $2,500 per system |
| Permit Fees | $200 - $500 |
Understanding these factors and costs will help you budget effectively for your commercial parking lot paving project in Lima, OH.
