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Cost of Commercial Parking Lot Paving in Sherman

The cost of commercial parking lot paving in Sherman, TX can vary widely depending on several factors. Whether you're looking to pave a new lot or resurface an existing one, understanding the elements that influence pricing can help you budget more effectively. Below, we break down the key factors affecting costs and provide an overview of common tasks and their average costs.

Factors Affecting Cost

  • Size of the Parking Lot: Larger lots require more materials and labor, increasing the overall cost.
  • Type of Materials Used: Asphalt, concrete, and other paving materials come at different price points.
  • Thickness of the Pavement: Thicker pavements are more durable but cost more due to the additional materials.
  • Site Preparation: Costs can rise if extensive grading, excavation, or drainage work is needed.
  • Labor Costs: Labor rates can vary based on the complexity of the job and the experience of the crew.
  • Permits and Regulations: Compliance with local regulations and permits can add to the overall cost.
  • Accessibility of the Site: Difficult-to-access locations may incur additional transportation and labor costs.

Average Costs for Common Tasks

Task Average Cost (Sherman, TX)
Asphalt Paving $4 - $8 per square foot
Concrete Paving $6 - $10 per square foot
Resurfacing (Asphalt) $2 - $3 per square foot
Sealcoating $0.15 - $0.25 per square foot
Line Striping $300 - $500 per lot
Excavation and Grading $1,500 - $5,000 per project
Drainage Installation $1,000 - $3,000 per system

Understanding these factors and average costs can help you plan your commercial parking lot paving project more effectively in Sherman, TX.

Commercial Parking Lot Paving