Putting up a 50x100 building

/ Putting up a 50x100 building #1  

Big Bri

Platinum Member
Joined
Jun 9, 2009
Messages
935
Tractor
Kubota MX5100
Got started this week on a project that i have been wanting to do for a while.

I'm putting up a Metal Building in hopes of getting some rental income. (and obama needs me to make more money to pay for all the crap that he wants :mad:)

any way thought i post some pics of what i'm doing and tell you how the project goes.

I'll start with some pics of me grading the lot. the area that i cleared is about 170'x200' . I started out using my caroni flail to cut the grass and weeds.
Next i used my bush hog mbx72 grader box and fel to clear the lot of its top soil and stack it in a couple of piles.

I was told when i started this project that i would need a bulldozer to to this.
But the mx5100 did it just fine. I have about 3 days into the sight work total of 16 hrs. it rained on me the first day.
 

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/ Putting up a 50x100 building
  • Thread Starter
#2  
i can tell you that i love the power the mx has. I could pull a fully loaded 6' grader box with no trouble. and the fel worked like a charm. A lot of my friends tried to talk me out of the 4wd, boy am i glad i got it. I will say i wish i would have bought a tractor with hst. the fel work would have been a easier with the hst, with all the forward and backward motions. but the mx got it done.
thought my left knee will need a break form all the clutching.
 

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/ Putting up a 50x100 building
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#3  
just a couple more shots. . . tomorow i will be putting in a culvert. and i hope to have clay brought in on monday. I have to build up the lot 12 to 18 inches so that should be a lot of tractor time:D
 

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/ Putting up a 50x100 building #4  
Nice job. Thats a HUGE barn.. And just how are you going to make money from this? If I may ask.

Wedge
PS the safety police will be paying you a visit soon.. :D :D :D
 
/ Putting up a 50x100 building
  • Thread Starter
#6  
Nice job. Thats a HUGE barn.. And just how are you going to make money from this? If I may ask.

Wedge
PS the safety police will be paying you a visit soon.. :D :D :D[/QUOTE


its not going to be a barn, but a metal commercial building. going to put a fire wall down the middle (make 2 50x50 bays ) put a roll up door on both sides and personal doors as well. Things like this rent out for 8 to 12 dollars per sq ft.
I'm hoping to get in the 10 to 12 as i am off a major 4 lane hwy.

after the first is built and rented i'll build a second behind it.

as for the ROP. . . thats the only way i can park it in my shed. guess i should pull it up when i leave just, lazy:eek:
 
/ Putting up a 50x100 building
  • Thread Starter
#8  
[
Things like this rent out for 8 to 12 dollars per sq ft.

I think i should clear this up. 2500 sq ft (half the building)

2500 sq ft x $10 per sq ft = $25,000 per year lease, $25,000 divided by 12 months = 2083 per month (would probably be an even $2k on the lease)

so i'm hoping to make about 4k per month on this thing:D

anyway just wanted to clear that up for anyone who didn't know how it worked:)
 
/ Putting up a 50x100 building #9  
I'm guessing you're going to come in around $15/sf (on the lower end) to complete the building (assuming concrete floors, lighting, HVAC, water & sewer) = $75k total. About 3 years to break even when fully rented.
 
/ Putting up a 50x100 building
  • Thread Starter
#10  
I'm guessing you're going to come in around $15/sf (on the lower end) to complete the building (assuming concrete floors, lighting, HVAC, water & sewer) = $75k total. About 3 years to break even when fully rented.

i wish ! ! ! Its more like 30 to 40 /sf So far only two bids have come in one for $175k the other for $158k
waiting on two others.

Concrete is going for $100 to $105 a yard, so about 110 yards for the building and about 130 yards for the parking and driveway $24k right there. The Metal Building was priced between $48k and $54k (Down here all buildings must with stand 115mph winds) and we don't have elect. pluming, hvac studs or sheet rock.

Labor has also gone up down here. . . after the two storms all the good help got taken up to "rebuild" and are being paid top dollar and then some. You have to pay well to get someone "good" to come work for you.

Even in our music store the least paid person get's paid $10 per hr. just to stock and clean

I looked at it like this The money wasn't doing so well where i had it so any amount that i get off this will be better. And i can always just sell the land if i need the money back. am hoping that this well help in my retirement. . . told my wife when we got married that we would stop working by 45, 7 years left but i'm almost there.:D
 
/ Putting up a 50x100 building
  • Thread Starter
#12  
What do you mean by that?

You won't having plumbing or electricity?

sorry, was saying that i was over 75k and haven't figured in the plumbing electricity, hvac and so on.
 
/ Putting up a 50x100 building #14  
Quotes seem steep, if I take your numbers and round them to $50k for the bldg itself and $25k for the concrete from the previous page, that's $75k to $100k to the builders!! (and granted they pay labor...suppose they worked a crew of 10 guys for 2 weeks to erect the bldg and paid $20/hr)....800 man-hours x $20/hr = $16k...the builder is still into the project for more than $50k profit.

Perhaps I'm oversimplifying here but I'd strongly consider hiring my own labor and erecting the building myself.
 
/ Putting up a 50x100 building
  • Thread Starter
#15  
don't get me wrong i agree that it's a lot of money. I would love to do the job myself and save some green. The state will not allow me to do the building with out a contractors license:mad: The only thing i can do is the site work, paint and floors.

I'm still holding out for the last two bids. i would be happy to get it done under $125

By the way the estimate i got for the site work (Cut field, scrape lot, back fill with clay, back fill and level grade after finishing the building) was $45k.

This is why i have a new tractor, told my wife that i could do all that work, buy a tractor and all the fill and break out even. . . (if i work for free:D)
 
/ Putting up a 50x100 building #16  
Good point on the contractor's license. My own shop building is in the process of being built by me...but it is clearly marked "cannot be commercial" on the permit.

The other alternative is to go and get a contractor's license. I had a builder's license (same thing) in Michigan when I was a resident. Took a class at a community college and spent a day taking tests in Lansing (capitol).
 
/ Putting up a 50x100 building #17  
I wish you lots of luck in your endeavor.
Hope you keep us posted with photos as it's being built.

Wedge
 
/ Putting up a 50x100 building
  • Thread Starter
#18  
So we got some clay brought in 480 yards to be exact. Never moved that much dirt before. . . talk about a job. so far i've brought grade up about 7" and have about 8" to 12" to go.

was going to get more clay today but it rained all day:mad: so i washed the tractor instead:D

here a few pics. (of the dirt work i know you don't want to see me wash the Bota. . . or do you):eek:
 

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