It all depends on what the building is used for, where it's located, the type of structure (wood frame, metal, masonry, and how many stories. For instance, I just quoted an apartment building of 6 units with a total square footage of 5,400 and the replacement cost coverage came out to $690,000 or approx $128.00 per square foot. On the other hand, A warehouse may only come out to 50 or 60 dollars per square foot. All buildings are not the same and will require an evaluation of it's construction cost.
Property: While you can certainly calculate out the insurance rate per sq ft - - property insurance premiums are based on value (the rat is developed based on protection, location, use / occupancy, construction, etc...). Regardless, it is a rate per $100 of value.
Liability: Depends on the class of business... but speaking pure real estate the rate is based on sq ftg.
About $ 11,140.
To lease a commercial building the average cost per square foot is between $16.00 to $20.00. Depending on what may need to be done to the building, such as insulation, the price can go up to $30 to $40 per square foot.
The average cost of a new roof in a commercial building is approximately $150-250 per square foot. This cost varies by location and includes materials and labor.
The cost of a commercial air conditioner for a 5000 square food building can easily cost more than 7,000 dollars. Such models would normally go through the ceiling into other parts of the building.
What are the square foot construction costs for a 3-story condo building and a 10-story condo building in Chandler, Arizona ? - Terry
6500 sq ft remodel on commercial property
The cost to make a commercial steel building depends on many factors, such as the square footage, the price of materials, the cost of the concrete foundations, the steel building labor costs, etc.
Depending on the location, it can range from $50 to $300 per square foot. New York City is a big city and it depends on where exactly you want to build this commercial building.
The commercial construction cost per square foot in Arizona will average at about $101 per square foot. This means a 3,000 square foot building should cost about $300,000 to build.
how much does it cost for a 30-40 commerical building 6 inches thick
story's and "prime area" have nothing to do with the rate. The construction material, square footage, and proximity to a fire department are just a few of the rating factors a company will look at. As well as what type of business is occupying the building.