Question: how much does it cost to build a new parking lot?
Answer: Small parking lots (10-30 spaces, 4000 to 10,000 square feet) cost between $5,000 and $20,000. Larger parking lots (30-300 spaces, 10,000 to 100,00 square feet) cost between $12,000 and $200,000 to construct. This cost can range in price from $0.90 to $2.50 per square foot.