Cell tower lease rates can be fair for property owners and wireless companies. Unfortunately, your property can be passed by, for whatever reason. If you wanted to have a cell tower installed on your property, there are ways to grab the attention of the wireless companies. Of course, even if you talk to a wireless company, there are no guarantees your property will be selected. It all depends on the location and the demand or need for cell tower coverage. So, what seven steps could you use to get a cell tower on your property?
Smart Steps to Get a Cell Tower on your Land
- Scout the Area for Other Cell Towers
- Know What Permits and Zoning Codes are Required for Cell Towers
- Find out If There Is a Lack of Cell Tower Coverage in Your Area
- Market or Advertise to the Cell Tower or Wireless Companies
- Research Which Companies Want to Branch Out in Your Area
- Apply Directly to the Wireless Company to be Considered
- Wait to Hear Back – It Could Take a While
Sometimes, it’ll be a while before you get any response from the wireless company. That’s standard practice and it’s only ever in the most extreme (or rare) cases that companies contact you immediately. Once a company does get in touch with you, it’s time to think about suitable cell tower lease rates. A lot of people neglect this part, so it’s essential you don’t. Also, it’s important to understand the ramifications of a cell tower on your property.
Research Cell Tower Lease Rates
What do you think would be suitable cell tower lease rates? If you have zero thoughts on this, then it’s time to do your research. Even if you have a figure in minds, it’s still important to do your homework on the subject, so that when it comes time to negotiate, you know what figure to look for. Of course, there are a dozen different considerations that impact fees. It doesn’t always go by the size of the property either, but rather the duration of the lease and other such factors. It is essential to understand those things, so you get a fair deal. Learn more details at: https://www.marketcommonclarendon.net/how-are-cell-tower-lease-rent-rates-determined/
Not All Property is Suitable for Cell Towers
It’s very unlikely a residential property in the middle of town will be selected. For example, you live in a suburban area and in your street, there are a dozen semi-detached homes. While you might think you wouldn’t mind a cell tower out back at the bottom of your yard, it’s not practice. In some states, it wouldn’t be allowed either. That is something most land or property owners don’t consider, so, it’s time you did. Putting aside low cell tower lease rates, the wireless company may not select you because they don’t think your property is suitable for them. That’s something to consider too.
Only Time Will Tell
If you’re lucky enough to be selected for a cell tower, great; however, it might take several months or years before that comes to pass. Remember, it’s all dependent on your location, how many other cell towers there are in the area, and costs. If they don’t add up, your property might never be selected. On the other hand, if you’re considered to have a ‘prime’ spot, it’s likely several wireless companies will be interested. Of course, only time will tell on that matter. Just ensure you get the best cell tower lease rates. Check here!