How do you get a cell phone tower?

  1. 7 STEPS TO GET A CELL TOWER ON YOUR PROPERTY.
  2. LOOK FOR OTHER CELL TOWERS WITHIN:
  3. RESEARCH LOCAL ZONING CODES FOR CELL TOWER REQUIREMENTS.
  4. CHECK COVERAGE MAPS TO DETERMINE WHETHER THERE IS A NEED FOR A CELL TOWER AT YOUR LOCATION.
  5. PUT A SIGN ON YOUR PROPERTY INDICATING THAT YOU ARE INTERESTED IN LEASING LAND FOR A TOWER.

How much can you make from a cell tower?

Cell tower leases could pay out anything from $10 per month for small niche carriers to more than $10,000 a month with the larger companies. Typical cell tower lease rates from a major management company could hit around $15,000 a month depending on location and space.

Can I erect my own cell tower?

Letter of Intent from a Wireless Carrier – In most jurisdictions, you need a Letter of Intent from a wireless carrier to get approval for building a cell phone tower. If there is no zoning in your area, we strongly discourage you from attempting to build one.

How much does a network tower cost?

In far-flung communities with only a few thousand inhabitants, a standard tower costs about $100,000 to set up, meaning that a mobile operator will usually have to wait 10 years to see a return on its investment, as traffic on these networks is limited, according to Chinese technology company Huawei.

Is buying a cell tower a good investment?

Retaining the cellular tower and investing the after-tax rents at 7% provides a $555,842 total return over 15 years. Taking the $360,000 after-tax cash buyout now and investing with a long-term growth strategy that grows 7% annually could provide $993,251.

How much does a cell site cost?

“This paves the way for a level playing field for a third player,” Jacinto said, noting that a telco startup would no longer need to worry about setting aside heavy capital investments to build cell towers, which cost around $100,000 (P5 million) per site.