Cell Tower Lease Fair Market Value

Many landlords who are approached by wireless providers about a cell tower lease and putting cell towers on their property have no idea how to evaluate the fair market value for their land what should these companies be paying you to lease your land

? Can you trust them and take their word for it? If you go too low, obviously you will be missing out on money that is fair that you get. If you go too hight, the cellular company is going to move on to a neighbor of yours with their offer. There is no standard that can really be followed to find fair market value, and there is also a large discrepancy between what a lease commands between rural, suburban and urban areas. Different areas fetch different market values, and thats all there is to it.

Two cellular tower leases that are only a mile from each other can have very different market values, and properties that are next to each other are also going to more than likely have very different values placed on their sites. There are dozens of things that can affect the amount that is determined and deemed as fair for market valued properties. These things affect how much money you as a land lord are going to get for your tower lease as rental income.

If you have done any research on the Internet as you try to learn about fair market values for cell tower lease payments, you might have seen that about $1,500 per month as a payment is standard. However, there are many claims that this number is inaccurate. If a landlord demands that amount every month, the site acquisition agent is probably going to go to the next land owner, aka your neighbor, and offer them less. Youre going to miss out and be left with nothing out of the deal except a really nice view of the new cell tower on your neighbors property!For some land owners, that amount is too little; their property might be in the middle of an urban setting, and there may be no alternative site for the cellular company to consider. This is a big factor in how much a land owner gets. If there are other properties than yours that they could go to for cheaper, you are not going to get as much money.

If your property is the only possible place for a tower within miles and miles, you are going to get a lot more. To get a really high rental payment amount, your property has to be unique in terms of zoning and considered to be crucial to the integrity of the network of the cellular company. There are companies that have years of experience with this who maintain their own databases for this type of information to go back on and research for a very accurate determination of the value of a specific type of lease on land for a land lease.

by: Remus Lupin

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