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I have three tax clients who have cell towers on their property. I just looked and one of them gets $2,000 a year, one gets just over $5,200, and I can't recall who the third one is but seems like it is less than either of these. If I recall who the other was, I will post up.
I was not involved in the negotiations so have nothing I can provide with regard to why the difference in prices. Like others have posted, I doubt there is much negotiation in that if you ask too much, they likely will just move to a nearby tract with owners willing to take less. You might ask that they pay you at least what they are paying others. The ones I have seen wind up putting in a decent rock road from the public road to the site, and a nice gate as well.
I do not know what all an attorney might suggest that the agreement contain, I would guess the language is pretty much standard but it might not hurt to have one look it over. I know with billboard agreements you really need an attorney to look at (and likely modify) what is brought to the table.
At any rate, if it isn't an eyesore, I would consider it found money.
Per year?
I'm in the business and I actually negotiate leases and do land acquisition for a large, publicly traded tower company and those numbers are way low for annual rents for most of the country. Not unheard of though. I've seen a few leases which began in the 80s and the rents are really low because there was so little to base the values on at the time so the farmers who did those deals just saw that couple grand per year as found money.
Like anything else it's about location. The more rural the area with fewer restrictions on development of the tower and less carrier demand the less the rent will be. And as has been mentioned, if you get too difficult to deal with then we'll just go across the road to your neighbor.
Leverage for the landlord increases with the scarcity of sites and difficulty of stacking a tower in a specific jurisdiction.
In a rural area there won't be fiber run to the tower or your home in 99% of the cases. All the tower needs is sufficient land, access, and power. Fiber is generally limited to more densely populated areas. Also, leases which include free cell service or phone service are being phased out as those leases expire and I haven't seen a new one include that business point.
Also, the impact on your reception only matters if you've got the same cell service as the company on the tower. So if you've got AT&T and an AT&T tower you'll be in good shape or Verizon service and a Verizon tower and so on. Otherwise, if you've got AT&T service but a Verizon tower it won't matter to you as they don't share equipment. That being said, a single tower could have AT&T, Verizon, Sprint, and T-Mobile all on the same tower.