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Getting a Cell Phone Tower Lease on the Property

As the wireless industry continues to enjoy popularity, tower leases become attractive options for individuals who wish to make their land more profitable. Having a cell phone tower on their property is certainly a good way for landowners to make money with increased profits, as the area and the tower can be constantly developed for better service. However, not all properties are ideal for a cell site.

Property owners can check if they are located within a mile of an existing cell phone tower. The presence of even one tower reduces the chance for their property to be considered. Properties in urban and suburban areas or those located near a major highway or a populated town are more likely to be considered, because there will be more people who could possibly use the service.

Another factor that determines if the property is a perfect location for a cell site is if the pending location is an industrial property surrounded by residential properties. If so, then there’s a good chance that the property will be considered as a cell site candidate. However, the reverse (that is, a residential location in the midst of industrial properties) is less desirable, and it won’t make for a good candidate.

Properties on the highest point in the county are seldom considered, as well as those that are in areas with no network coverage at all. This is because some providers may not have plans to extend their services yet to such locations.


3 Benefits of Selling One’s Cell Tower Leasing

As a landowner who leases his or her land for a cell tower, you might receive an offer to sell the lease at some point. Perhaps you are deliberating within yourself whether or not you should sell, and why.

Your reluctance to sell is reasonable for a variety of reasons. An active lease provides a constant trickle of income. Additionally, selling your lease to someone or a company can be a daunting task that you might be unprepared for.

Should you overcome your indecision, selling your cell tower leasing can result in a number of benefits for you. Here are three of them:


Although you receive lease payments every month, you won’t be able to tap into that as a long-term revenue stream. Selling your cell site lease can grant you large amounts of capital to invest in other long-term ventures.

Risk Reduction

Not only does selling your cell site lease give you capital, but also it reduces your risk against inflation or an early termination of the lease. Additionally, you minimize the risk of owning a devalued lease when the cell tower becomes obsolete.

Tax Treatment

While it depends on the situation, selling your cell tower lease can also grant you a favorable tax treatment. What this means is that you can defer taxes through a “1031 exchange” if you purchase another property following the lease’s sale.

To ensure that you get the most out of selling your lease, always seek advice from an experienced professional.


How to Locate Cell Phone Tower Companies in Your Area

Are you having trouble finding your wireless carrier in your area? If you are, there's no need to worry as there are now many ways to locate the provider you're looking for.

Despite the fact that all major wireless carriers now offer nationwide coverage, not all telcos are created equal. Locating cell phone tower companies in your area can be difficult especially if they aren't located in major cities likes Boston, New York, Chicago and San Francisco. You're going to have a hard time finding a good one if your carrier isn't available in the area you currently reside in.

Cell tower databases like AntennaSearch and Mobiledia have made it easier for cell phone users to locate the carrier they're subscribed to. There is also the option of typing your city into Google maps, which gives you easier access to the location of your carrier. They often rent or sell towers to companies, so it will be useful to search for customer feedback on forums.

When searching for a cell phone tower, you should also veer away from dead spots. Websites like SignalMap.com can help give you an idea of the strength of the reception in a particular area.

If you're looking for cell phones towers in your area, just remember these tips and don't forget to always be cautious.


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