A neighbor of mine has signed a lease with T-Mobile to install a monopole tower on his property.
He has an easement through my property for access to his property. T-Mobile has now found out I must grant them access to the property with a separate lease.
There is no other access to this property.
Any idea what it's worth? I'd rather get a lump sum payment, for ease of resale, but, could live with a monthy lease.
The tower will not be on my property, but, construction and maintenance equipment will need to access it regularly.
Aparrently, several nearby sites were approached and not leased. Some due to a poor site, some because the landowners had large parcels and didn't want to mess up a potential subdivision with a tower lease. This is a rural area, zoned agricultural.
They are also pretty far along in the process. Baloon test done for the neighborhood, planning commission recommending approval of special use permit, etc..