More and more churches are being approached by telecom companies looking to construct new cell towers on their property. The company either will utilize the church’s existing steeple/ bell tower infrastructure for rooftop equipment, or they will build a tower on a portion of the property. Churches have an immediate advantage for zoning approval, due to their low impact to the surrounding area. What is almost impossible to accomplish in a residential neighborhood is typically an easier passage when requested by a church.
A church needs to assess the fair market value of its property as it relates to the proposed cell tower rental rates for a cell phone carrier’s occupancy and use. A church should make sure that its property is properly protected from any non-monetary issues, such as liability, compliance, taxes, that are associated with allowing a third-party to occupy and use church’s property. Vertical Consultants can assist your church in exploring all options available to maximize the full value of your property. We have worked with Non-Profit organizations throughout North America, and we will be glad to share in more detail what services we can provide and always offer a free initial review.