How much do Cellular Tower Leases Pay? The exact amount of money you receive for a cell tower lease is going to be determined by a number of factors, including but not limited to where you’re located, the needs of the wireless company and the people who are doing the negotiating for you. We have experience working with cellular companies. This is why we can typically get landowners 60% to 80% or more than they would be able to get negotiating for a cellular tower lease on their own.
At Wireless Property Listings, we currently take 40% of any contract we’re able to get for leasing a cell tower. While this may seem like a lot, it’s actually not. Here’s a quick look at some of the variables that go into determining the value of your land for leasing to a cellular company.
Market – For markets that already have good 4G coverage, new towers may not be worth as much as those located in markets where the cellular company is trying to increase their coverage. This is one of the major factors in how much money you’ll get for your cell tower lease.
Location – Along with the specific market, the general location of the land is also important. They want to reach as many people as they can, and this means having their towers in exactly the right location.
Type of Land or Building – Additionally the type of land is important in deciding how much a cell tower lease will be worth.
Proximity to Highways and Populations – Last but not least, the distance to local population centers (including highways) is also a factor in how much money you can get. Obviously, the closer you are to large amounts of people, the more your land is worth to the cellular companies.
In addition to the four points mentioned in the list above, there are numerous other factors that are used to determine a fair and reasonable price to lease your land for a cell tower. The good news is that we have experience dealing with the major carriers, and we can typically negotiate a better deal for your land than you will be able to do on your own.
All you need to do to get started is fill out and digitally sign an agreement online. Once we have that, we go to work finding a wireless company that wants to install a cell tower in your area. You could go find a company to work with on your own, of course, but we have relationships with the wireless carriers and can make sure you get the best deal possible.