: Most cost-effective, averaging $214–$238/sq ft for standard facilities. Bare metal shells can start as low as $14–$30/sq ft . Commercial Office : Single-story : ~$313/sq ft. Mid-rise : ~$562/sq ft.
The intended use of the building is the primary driver of the price.
: Most expensive at $892–$1,272/sq ft . 2. Regional Cost Variations how much is it to buy a building
: Benchmarks sit between $380 and $850/sq ft , influenced by seismic requirements. Southern US : More competitive at $240 to $680/sq ft .
: Most cost-effective region, ranging from $270 to $760/sq ft . Mid-rise : ~$562/sq ft
: Range from $370 to $580/sq ft depending on tenant finishes. Specialized Facilities : Healthcare/Urgent Care : $200–$650/sq ft. Data Centers : $600–$1,200+/sq ft.
The cost to buy a building in April 2026 varies significantly by property type and region, with national averages for complete construction typically ranging from . 1. Estimated Costs by Building Type (2026) potentially exceeding $1
: ~$660/sq ft, potentially exceeding $1,000/sq ft in premium markets.