cell tower lease buyout

There are approximately 300,000 cell towers situated throughout the US. While most site owners are eager to find out how much they can earn with a cell tower lease, there are a few factors to take into consideration that will affect the value of cell tower lease rates.

Site Infrastructure

This is one of the biggest factors that will affect cell tower lease rates, as all cell tower sites require utilities such as water, power and phone lines to function. The closer these amenities are to a site, the more chance landowners will have of obtaining higher cell phone tower lease rates. Construction will need to be carried out, which means that accessibility for construction vehicles will become a crucial determining factor when the rates for cell tower leases are being negotiated as well.

Basic Terrain

A proposed cell tower site that is already relatively flat and has few trees and other obstacles to be removed or negotiated around, is a more desirable option and as a result, the property owner can expect to receive higher cell tower lease rates if this is the case. If the elevation of the ground is higher than average, this will also have a significant influence on the amount the landowner will receive in lieu of cell tower leasing rates. Any existing infrastructure that can be utilized will also affect lease rates favorably.

Location of a Site

This can have an enormous impact on lease rates because of factors such as surrounding property values, the location of other nearby cell tower sites and the actual value of your land and any property that may already be present on it. If a property is one of the first in a particular area to offer coverage for a carrier, the land owner will receive highly favorable lease rates. However, if a site is being added to an area where there are already numerous other sites being used by the same carrier, the land owner will receive lower lease rates.

If land owners have been approached by cell carriers regarding a cell tower lease buyout or if they are curious about how much their site could be worth to the cellular industry, they need to contact an experienced tower management company for assistance. Not only will this enable them to find out more about the legal aspects involved with cell tower lease rates; it will ensure that they receive fair compensation for their property.