This paper addresses the optimization of the cross-section in rectangular above-ground tank walls, incorporating vertical ribs and an optional top ring. The objective is to minimize the volume of concrete used, while maintaining key performance criteria such as keeping the maximum tensile stress below the material’s allowable limit and minimizing deflections. The analysis is performed using the finite element method (FEM), with the optimization handled through a local gradient-based algorithm (trust region method), supported by a multistart technique to navigate the complexity of the design space and avoid suboptimal solutions. The results demonstrate that this approach effectively reduces concrete consumption without exceeding the tensile stress limits or causing excessive deflection, offering more efficient and cost-effective designs for rectangular tanks used in water storage applications. This method provides valuable insights into the balance between material usage and performance constraints, contributing to sustainable engineering practices.