Is Cell Tower Leasing A Viable Way Of Making Money For You?

Cell phone operators like AT&T, T-Mobile, and Verizon are always looking for landowners who are willing to lease some of their landfor cell phone towers. The network pays the landowner rent in exchange for building a cell tower on their property.

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Before any infrastructure is installed, the networks will negotiate with the landowner to determine the quality and the value of their land as a site for a cell tower. There are a range of factors that determine how much your land is worth to a network operator. If your land has all the right qualities, leasing it to a network operator can be an excellent way of making some money.

Rent Rates

In general, land in more populated areas is worth more than land located in sparse rural landscapes. However, note that the value of land within urban areas can vary dramatically, even if the areas are similar in terms of demographics. Businesses like https://www.celltowerleaseexperts.com/cell-tower-lease/ can help you to establish the value of your land as a location for a cell phone tower.

Permits

One of the most important factors in determining how much a network operator is likely to pay for a lease on your land is the zoning and permitting requirements. If the local permitting requirements are too stringent, it is going to increase the admin costs for the networks and, therefore, reduce the value of your land.

On the other hand, if the standards are more relaxed, your land will be a much more attractive proposition.

Construction Limitations

In order to erect a cell phone tower on your land, the construction crews will not only need the necessary space on your land but they will also need sufficient access to the site. The best sites are those that are easy to access and offer relatively flat and simple terrain. The more obstacles there are for the network to overcome, the less they will pay for the land.

In some cases, a network operator will be willing to pay a higher price for the rent in order to access a site that enables for simple and straightforward construction.

Access To Service

Naturally, in order to build a cell tower on your land, network operators need to know that you have access to the necessary power and telephone service. The more remote the location is, the more it will cost operators to construct their tower and link it up to the local infrastructure.

Terrain Elevation

Cell phone carriers always prefer to build their towers on high ground where possible. The higher the elevation is, the further the signals your tower emits will be able to reach. However, the benefits of having a tower at a high elevation can be canceled out by high construction costs in some areas.

If you are a landowner with plenty of space to spare, then it is worth considering leasing some of your lands to a cell carrier. There are a variety of factors that determine how much your land is worth, but consult with a professional business to get an accurate estimate.