if you ground lease just dirt, what are the costs to improve the land for an 1,600 sf user?

what is the $ PSF for bringing utilities in, pavement, etc? is LL responsible for any costs at all or no?
In Leasing Property - Asked by Dan F. - May 1, 2014
Report Abuse
Answer this Question

Answer(s)

Skip D.
Broker/Agent
Bismarck, ND

Assuming you want gravel 10-12 inches deep, $100,000 per acre based on average cost of $16 per ton.

May 1, 2014
Report Abuse
Benny George B.
Broker/Agent
Phoenix, AZ

You can check our website for construction costs of different buildings, depending on use, size etc..
The website is Hyres.net/AboutUs put email down and it will give you free access.
I can reccomend GC that can estimate your project cost.
Goodluck !
Benny Brindas
Hyres International
623-734-3593

May 2, 2014
Report Abuse
Jeff c.
Owner/Investor
Flemington, NJ

In NJ the average total site and building fit out work out to be between $65 - $90 per sqft. and that all depends on what is needed on the site and what grade of building you are looking for. Since this is a small building you may have a higher sqft number to cover the site and soft costs.

May 2, 2014
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question