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Asphalt parking lots are a popular choice for many businesses and organizations. They are durable, long-lasting, and offer a smooth surface for vehicles to drive and park on.
However, the cost is one of the biggest concerns for those considering an asphalt parking lot. This article will explore the cost of asphalt per square foot for parking lots, including all the factors that influence the price.
Factors that Influence the Cost of Asphalt Parking Lots
Before we dive into the cost of asphalt per square foot, it’s important to understand the factors that can impact the overall price of an asphalt parking lot. For example, these factors include:
1. Size of the parking lot: The larger the parking lot, the more it will cost to install asphalt.
2. Accessibility: If the parking lot is located in a difficult-to-reach area, installing asphalt may be more expensive.
3. Site preparation: The cost of preparing the site for the parking lot, such as removing trees, shrubs, and other obstacles, can add to the overall cost.
4. Drainage: Proper drainage is essential for an asphalt parking lot to prevent standing water. Additional drainage features may increase the cost.
5. Thickness: The Thickness of the asphalt layer can vary depending on the expected use of the parking lot. Thicker layers will cost more.
6. Geographical location: Asphalt costs vary depending on the location, as materials and labor may be more or less expensive in different areas.
Understanding Asphalt Parking Lot Cost:
Paving an asphalt parking lot involves multiple components, including excavation, base preparation, installation, and finishing touches. The cost per square foot varies depending on factors such as the size of the parking lot, geographical location, site conditions, and specific requirements. On average, the cost ranges from $2.00 to $5.00 a square foot.
Additional Costs for Asphalt Parking Lots
In addition to the cost of asphalt per square foot, additional costs may be associated with installing an asphalt parking lot. These costs include:
1. Site Preparation:
Site preparation is an important step in installing an asphalt parking lot. It involves clearing the area of any obstacles, such as trees, shrubs, or existing pavement. The cost of site preparation can vary depending on the size and condition of the area.
2. Drainage:
Proper drainage is crucial for preventing water accumulation on the parking lot surface. Drainage features like catch basins and drain pipes may be necessary to ensure efficient water runoff.
3. Grading:
It refers to the process of leveling the surface of the parking lot area. It ensures a smooth and even base for the asphalt pavement.
4. Striping:
Striping involves marking the parking lot with designated parking spaces, handicap spots, arrows, and other necessary markings. This process is essential for organizing and maximizing parking capacity. The cost of striping is usually estimated on a per-square-footage.
5. Maintenance:
For asphalt parking lots to last longer and remain in good shape, constant care is necessary. Seal coating, crack filling, and periodic resurfacing are examples of maintenance tasks. Additionally, the price of upkeep varies according to the size of the parking lot and the particular maintenance needs. Comparatively, Seal coating can range from $0.20 to $0.50 per square foot, while crack filling may cost between $0.50 and $1.50 per linear foot of crack.
It’s important to note that these additional costs are estimates and can vary depending on factors such as location, labor costs, and specific project requirements.
Minimum and Maximum Costs:
The minimum and maximum cost to replace your asphalt parking lot ranges. Typically you can expect to pay anywhere from $2.00 to $6.00 for asphalt per square foot
Please note that these approximate cost ranges can vary depending on specific project requirements and regional factors. It is advisable to obtain detailed quotes from contractors based on your specific project needs.
Consider Contacting Royal Pavement Solution for Asphalt Parking Lot per Square Foot
When considering the total cost of an asphalt parking lot, it’s essential to factor in these additional costs. Accordingly, they contribute to the investment needed for a functional and long-lasting parking lot. Additionally, consulting with a professional asphalt contractor is recommended to obtain accurate cost estimates based on your specific project needs.
Are you in need of reliable asphalt paving and repair services? Surely look no further than Royal Pavement Solutions! Our team of experienced professionals is dedicated to providing high-quality solutions for all your pavement needs. Whether you require new asphalt installation, repairs, or maintenance, we’ve got you covered.
Contact us today to schedule a consultation call and receive a free estimate for your project. Our experts will assess your requirements and provide personalized solutions tailored to your budget and timeline.
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To learn more about our offerings and how we can assist with your asphalt paving needs, contact us immediately.
Don’t compromise on the quality of your parking lot or pavement. Trust Royal Pavement Solution for exceptional results and customer satisfaction.
