Yes, but concrete parking structures are an order of magnitude moreso. Assuming $50k per parking spot and a 25-year mortgage, each spot will incur $328.58 in monthly mortgage costs. Assuming full occupancy every workday and zero on weekends (21 workdays per month) that means the daily parking fee should be $16 just to break even. This is a thumbnail sketch of course, but it shows the kind of costs we’re talking about.