How Much Does It Cost To Build a 20,000 Sq Ft Warehouse?

The average cost to build a 20,000 ft warehouse cost ranges between $15 to $22 ft2, or $300,000 to $440,000. In comparison, tilt-up warehouse construction costs $32 to $52 ft2, and wood-framed warehouses cost between $22 and $43 ft2. In all three cases, material supply and inventory availability can have a significant impact on the final cost.

Efficient supply chain management contributes towards making the most of the warehouse building by tracking your inventory through the supply chain, from buying to storing to final sales.

Warehouse Cost By Size And Square Feet

The average costs for building a warehouse are $25 per square foot for the shell building. For small warehouses of 40 by 60 ft, the prices can be as low as $160000. However, for big warehouses of about 50000 square feet, the prices shoot up to $3,425,000. The price is affected by the size of the warehouse, type of materials, delivery costs, and construction methods.

Below is a rough estimate of the costs on warehouses based on size and price. We sourced the following data from Strong Building Systems.

DIMENSIONS	SQUARE FEET	TURNKEY ESTIMATE
40×60	2,400	$170,000
50×60	3,000	$203,500
50×80	4,000	$62,800
50×100	5,000	$372,500
60×100	6,000	$395,000
80×80	6,400	$450,000
80×100	8,000	$500,000
100×100	10,000	$675,000
100×150	15,000	$977,500
100×200	20,000	$1,550,000
100×300	30,000	$2,375,000
100×400	40,000	$2,700,000
100×500	50,000	$3,325,000
100×1,000	100,000	$6,650,000

The shell building consisting of a concrete slab base costs about $25 per square foot, whereas the steel building framework from $9 to $14 depending on the gauge of steel used for construction. The costs in the table above are inclusive of land and grading. If one can obtain land and grading for significantly lower prices, it will decrease overall construction costs.

Hard Costs To Build A 20000 Sq Ft Warehouse

Many factors contribute to the hard costs of building a 20000 sq ft warehouse, including materials and labor. Other hard costs include site, other construction equipment, utilities, landscaping, life safety systems, paving, HVAC systems, LEED certification, grading, etc.

A poured concrete foundation can cost $4.85 to $9 ft2. However, the final cost for building a 20,000 sq ft warehouse depends on the location, design, finishing products, etc.

Hard Costs To Construct A 10,000 Sq Ft Metal Building Warehouse

Multiple aspects contribute to the hard costs of building a warehouse, including materials and labor. Other hard costs include construction equipment, site, landscaping, utilities, life safety systems, HVAC systems, paving, grading, LEED certification, etc.

Typically, the hard costs of constructing a single-story, rigid-frame steel building range between $150,000 to $240,000, while a 10,000 sq ft metal building costs between $250,000 and $330,000. In addition, a poured concrete foundation will cost $4.45 to $8 per sq ft. However, the final cost for building any 10,000 sq ft warehouse depends on the design, location, finishing products, etc.

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Types of commercial construction

Commercial construction includes a wide range of building types. Essentially, commercial construction boils down to almost any project that isn’t purely residential in nature.

Common examples of commercial projects could include office buildings, malls, schools and universities, sports stadiums, hotels, entertainment venues, and parking structures.

Even apartment buildings, full of residential spaces, are considered commercial projects. Most states consider residential projects as single or multi-family structures under three or four units. States generally consider structures outside of that scope as commercial construction projects.

Cost To Consider

Various costs encompass the construction costs of a warehouse. These are hard costs, soft costs, financing costs, and operational costs.

Hard Cost

Hard costs are all the cumulative expenses directly linked to the physical construction. They are the foreseeable construction costs. Some of these costs are labor and materials. As much as these costs appear easily predictable, they fluctuate depending on the market conditions. Other hard costs include site development, grading, and landscaping.
Financing Cost

One of the most critical construction costs is financing costs. Most clients finance their projects using loans. Owners, therefore, need to carefully assess anticipated costs and weigh whether they are receiving good value for money from their lender's loan. There are three types of financing in warehouse construction.
Long-Term Cost

These refer to the ongoing costs such as maintenance, utility bills, and upkeep. These costs dramatically fluctuate over the lifetime of a project. For instance, you can reduce your electricity bills by upgrading and insulating your warehouse. The upfront costs will be high, but in the long run, your monthly fees reduce. Other long-term expenses include property management, taxes, and insurance.
Concrete Foundation Cost

A concrete foundation supports all warehouses. They are not uniform concrete slabs like the ones an average house has. The concrete foundation is anchored with a rebar to support the structure from wind and seismic activity. Concrete slab foundations cost about $6 per square foot.

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Process To Get 20000 Sq Ft Warehouse Cost Estimate Report

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