What is the average cost per square foot to build a commercial building?
What is the average cost per square foot to build a commercial building?
Building a single-story commercial office building will cost an average of $238–$286 per square foot. A mid-rise building costs $569 on the high end and $474 on the low end to construct. Building a high-rise will cost a high between $545–$654 per square foot on the low end.
How much does it cost to build a 4 story office building?
Office, 2-4 Story Square Foot Cost Assuming Brick Veneer / Wood Frame
| Cost Estimate (Open Shop) | % of Total | Cost Per SF |
|---|---|---|
| Total | $110.38 | |
| Contractor Fees (GC,Overhead,Profit) | 25% | $27.59 |
| Architectural Fees | 7% | $9.66 |
| Total Building Cost | $147.63 |
How much does it cost to wire a commercial building?
The commercial electrical wiring cost ranges from $5 to $12 per square foot, or about 10%–30% higher than residential at electrical work for wire, cables, fixtures, and electrical panels.
What is the average size of a commercial building?
About half of buildings are 5,000 square feet in size or smaller, and nearly three-fourths are 10,000 square feet or smaller. The median building size is 5,000 square feet (i.e., half the buildings are larger than this and half are smaller), while the average size is 15,700 square feet.
How long does it take to build a commercial building?
A STARTING POINT For example, most commercial buildings that are more than 10,000 square feet will take somewhere between 4-6 months to build. When you get up into more complex office buildings and larger industrial buildings, say 50,000 square feet or more, they can take from six to eight months.
How much does a 5000 square foot building cost?
While rates vary from one contractor to another, plan to budget somewhere between about $6 and $10 per square foot for raising the building. So, to purchase and erect a 5,000 square-foot base building, plan to pay somewhere between roughly $97,300 and $142,000.
How do you price a commercial electrical job?
Add together the total cost of supplies, labor, permits, overhead costs and profit margin. Divide the total by the number of square feet. The result is the price per square foot. Compare the price to projects of similar size and scope that your company and others completed in the recent past.
How do you calculate commercial electrical work?
How to Estimate Electrical Work – Basic steps to do it right
- Choose the Right Work to Bid.
- Review the Specifications.
- Review the Drawings.
- Perform a Quantity Takeoff.
- Request Supplier Quotes.
- Create your Estimate.
- Add Overhead and Profit.
- Build your Proposal.
How much does it cost to build a commercial building?
Single-story commercial office buildings in the West average $378 per square foot on the high end, and $313 for the low end. Mid-rise commercial buildings average $607 for a high, and $481 for a low. High-rise buildings cost an average of $730 on the high end, and $557 per square foot on the low end.
How to calculate construction cost?
Calculate area of your plot ( Lenght x width)
How to estimate building costs?
Unit Price Method. In calculating a construction cost estimate,a unit price method can speed things up.
What is an average commercial building cost per square foot?
An average commercial steel building costs between $16 and $20 per square foot, including building package (I-Beams, purlins , girts etc.) , delivery, foundation and the cost of construction. Since many retail & commercial buildings require additional finishing like insulation or façade customization, the cost may rise to $30 or $40 per square foot (SF).
