Milling of an old pavement after its usable life, a significant quantity of waste pavement material is created, which may cause disposal issues. This study emphasizes how the full depth reclamation (FDR) method can be used to incorporate chemical stabilizers into the base layer, enabling the sustainable valuation of FDR material. In the lab, a mix was created utilizing FDR material with different amounts of cement and chemical additives. Several engineering parameters of the mix were assessed to determine the impact of varying cement and chemical additive. In this study, cement contents of 3, 4, 5, and 6% and a chemical additive with 0, 3, 4, and 5% by weight of cement were tested. The results indicate that the mix consisting of 5% cement and 4% EXR-99 chemical stabilizer yields the best results for the strength metrics and durability attributes of the samples under study. The study also highlighted the possibility of reusing FDR material, as the comparative cost analysis revealed a 44.22% cost reduction for the FDR mix.