ESTIMATING EXAMPLE

Back to Guide
COST PER SQUARE FOOT ($/S.F.)
Match the project type with total gross square footage including the mezzanine and upper floor areas.
INCLUDED items in the cost per square foot:

All standard on-site improvements & utilities
Grading, paving, landscape, sidewalks, etc.
Normal site coverage for the project type selected
Normal architectural features & construction standards

NOT INCLUDED in the cost per square foot:

Tenant improvements
Any off-site improvements, demolition, import or export
Permits, fees, bonds, assessments, taxes
Architecture, engineering, testing
Financing costs, developer costs, insurance, legal

COST ESTIMATING EXAMPLE
Project: Corporate Manufacturing Build To Suit
3 acres ready to build, level lot with utilities stubbed in
60,000 S.F. shell with 15,000 S.F. offices
Fire sprinklers - .60 / 3,000 gpm
Warehouse lighting & power
Project Upgrades: Architectural exterior and fenced yard with gate
Shell Building      

Architectural upgrade

     

Fenced yard & gate

     
Tenant Improvements  

Medium density offices

     

Restrooms, 5 fixture

     

Warehouse lighting

     

Warehouse power

     
Total Estimated Construction Cost