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by dont__panic 1397 days ago
Where do the surface parking costs ($10-20k/stall) come from? That's astonishing to me -- I would guess that a dirt driveway can be almost free, a gravel driveway can be close to free, and a paved driveway costs a few hundred per car space.
1 comments

Land value. Where I live, 80% of the cost of our property is the land itself, and only 20% is the building or "improvement".