Feasability study on cell tower lease for our church
( Lutherville, MD )
Many years ago, our church looked into the possibility of leasing a small amount of our land for a cell phone tower with Nextel. There offer was dismal and they wanted space directly next to the church.
I am re-visiting this issue to see if this might be a viable source of revenue in the coming years. The issues in 2005 were:
1- Health effects, if any.
2- Aesthetic concerns
3- Loss of land use
4- Spiritual and Ethical Issues
5- Loss of good will from neighbors
We own approx. 8 acres in a very high rent area of Baltimore County along Dulaney Valley Road. This area is reputed to have a 75% drop rate.
I have seen towers created to blend with the forest areas surrounding them and some ground toward the back of the property which there are no plans to use in the foreseeable future.
If there is enough benefit financially, which would indicate demand, I would be interested in finding out more. The first place would be to find out what your fees are and if you know of the demand or lack of in this area.