What is the price per foot for parking paving?
 Cost of Parking Lot Asphalt Paving. $1.60 per square foot (2 inch overlay)(Range: $1.49 - $1.70) $3.42 per square foot (tearout and replace) (Range: $2.50 - $4.33) $2.63 per square foot (new construction) (Range: $2.25 - $3.00). 