What Is a Parking Garage Worth in Zürich?

Most owners value their Zürich parking by what it earns today. The interesting number is what it could earn, and what that does to the asset’s value at Zürich cap rates. Here is a model for a typical central garage, and a way to run the exact figures for your own address.

The parking market in Zürich

Zürich is Switzerland’s densest parking market: scarce central supply, strict blue-zone limits, and some of the highest monthly rates in the country. That scarcity is exactly what makes an under-managed garage here leave money on the table.

A worked example: 100-space central garage

Using typical Zürich assumptions, here is how a 100-space central garage pencils out today, and the upside from active management (dynamic pricing, occupancy, idle-hour resale), with no new construction.

Gross annual parking incomeCHF 369'600
Net operating income (NOI)CHF 288'288
Asset value at cap rate (4.25% cap rate)CHF 6.8M
NOI upside (optimised)+CHF 34'595/yr
Value upside+CHF 0.8M
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How this is estimated

Figures use illustrative Zürich market assumptions (4.25% cap rate, a typical central monthly rate and occupancy) applied to a 100-space garage. Value is NOI ÷ cap rate; the upside reflects a conservative optimisation scenario. These are sizing estimates, not an appraisal. Validate independently before committing capital.

This is an operational valuation estimate, not investment advice. Verify independently.