Answer: 25-30 years
Explanation: The life expectancy of a properly maintained asphalt parking lot is typically 20 to 30 years. This lifespan can be achieved with regular maintenance, including sealcoating every 2-3 years, crack sealing, pothole repairs, and proper drainage management. Without routine upkeep, the lifespan can be significantly reduced due to weathering, water damage, and traffic wear. Consistent maintenance not only extends durability but also saves on costly repairs over time.