---
title: "Parking Lot Paving Cost in 2026: Honest Commercial Pricing | GoPave"
description: "Per-square-foot commercial asphalt pricing, overlay vs reconstruction guidance, and what drives the spread on a parking lot quote."
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Asphalt paving guide

# Parking lot paving cost in 2026

Commercial asphalt runs $3.50 to $7.50 per square foot installed for new construction in 2026. Overlays on a sound base run $1.75 to $3.50 per square foot. Real numbers depend on thickness, base prep, drainage, and striping.

## Typical parking lot cost by size

Lot size

Low

High

Small lot (5,000 sq ft, ~15 spaces)

$17,500

$45,000

Medium lot (20,000 sq ft, ~60 spaces)

$60,000

$160,000

Large lot (50,000 sq ft, ~150 spaces)

$140,000

$375,000

Big box / industrial (100,000 sq ft)

$260,000

$700,000

Ranges assume new construction. Overlays cost roughly half of these numbers on a sound base. Excludes specialty work like permeable pavement or heavy industrial sections.

## Frequently asked

### How much does it cost to pave a parking lot?

### How long does parking lot paving take?

### Overlay or full replacement for a tired lot?

### How often should I sealcoat and stripe a commercial lot?

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