(800) 853-2651
SHOP NOW

towers

S

stonerock

Member
got one cell phone tower on my place, they want to put up another money is a lot less for the second one,. how much do you guy's get payed? I get 2500.00 a month for the first one put up in 1995 ? what is the going rate now for tower rent, how much for buy out?
 
A guy I worked with had one put up on his place about 15 years ago and was getting $7,000.00 a month.I don't know how long his contract was good for. I know he took an early retirement after it was put up. I had one ask me about putting one in but it was going to be a one time $45,000.00. I asked them a bunch of legal questions and they never got back with me.
 
I have 11 towers that have 8 high voltage electric lines that come from a dam on the Missouri River. Put up in the 60?s. Wish I could get rid of them. Electric company has permanent easement and total compensation is exactly $0.00.
 
Money hasn't gotten more valuable since 1995... I'd play hardball with 'em. If they really want that location they will pony up.

If they don't, then you really aren't out anything.
 
I have an uncle that has a tower on his patch. It pays 750 or so a month, not sure if that's forever or a term.
 
We have 3, not towers but individual equipment sites with 12' antennas on top of hill. Pay between $2000 and $3000 per month each.
 
When they convert from the current G4 to the new G5 cell system, the old G4 covered 10-12 miles. The new G5 handles a lot more traffic, but only covers 2.5 miles or so.

They are going to need a lot more towers.

Paul
 
I have been watching this subject matter some. I think some of it where it is real estate wise and how many potential sites there are. Example NY city real estate is higher and scarcer than say some northern remote area. It could depend on the company also.
 
Topography could make or break your bargaining power. Check if you have the highest elevation in the area and clear unobstructed views to population centers that could make your location ideal for another tower or is it just the same as any other location in the area.
 
I have one here since 1996
was $1,800. a month now $2,300. With 5% increase each year after lease renewal.

Don't get intimidated by these people who have a Army of Lawyers.
Stand your ground hire a attorney and go for it.

Be sure to add a clause that they reimburse or pay the property taxes.
Also a clause that they remove and return property to original condition if the tower is ever abandoned.

It was a year long fight but got what I wanted.

Told to bring a crane and shovel if they didn't like my terms.
Remember there's a reason they approached you.

Also don't fall for the numerous offers from third party shysters
That want to buy your lease for lump sum.
Tom
 
Also a clause that they remove and return property to original condition if the tower is ever abandoned. WILL THIS WORK IF THEY GO BANKRUPT OR JUST LET IT GO TO UNPAID TAXES AS THEY DONT NEED IT ANYMORE?
 
I too have an electrical tower on some land I bought years ago and get exactly $0.00 for it. The utility company has access to the tower for maintenance at any time, crops be damned. At least they call first. I spoke to the previous owner who owned the land when the tower was put up and it was the same deal.
 
You must log in or register to reply here.

Similar threads

3
My new phone
2 3
Replies
48
Views
2K
caterpillar guy
C
H
best money you ever spent
2
Replies
34
Views
881
olgentdc
olgentdc
T
Rent a corn head?
Replies
8
Views
424
EFV
E
K
Question for Cub guys
Replies
7
Views
679
Blackhole49
Blackhole49
C
Hesston 6400
Replies
3
Views
176
used red MN
U
Tractor Parts Tractor Manuals

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today.

Copyright © 1997-2024 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters
Website Accessibility Policy

Back
Top