Alaska Option to Lease Real Estate (For Wireless Communications Facility)
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FAQ
The Department of Natural Resource's (DNR) mission is to develop, conserve, and enhance natural resources for present and future Alaskans. ADF&G works with multiple divisions at DNR during the review of land use plans and activities, as described below.
The rent of the tower is 10,000 pesos a month .
The State of Alaska's Land Auctions allow Alaska residents to bid on parcels of State land that have been surveyed and appraised.
Homesteading has not been legal on federally managed lands in Alaska since Oct. 21, 1986, although it was legal for 88 years before that. Congress passed the original homestead law in 1862 to provide small farms to anyone over age 21, the head of a family, or to immigrants willing to become citizens.
Cell tower leases are valued on a multiple of tower cash flow (TCF), which is calculated by taking tenant revenue and subtracting operating expenses. Particularly, these operating expenses include ground rent, site maintenance, insurance, and utilities.
In Canada, a typical cell tower can gross $3 million per year for Rogers, Telus, and Bell*. A fair rent compensates the owner at 1 -2% of the annual revenue generated by that tower, which amounts to $30,000 annually. Cell tower lease buyouts run about $250,000 cash depending on terms.
The process differs for a competitive lease, please contact your local regional land office: 1 Application submitted with application fee. ... 2 Application reviewed for completeness. ... 3 Agency Review. ... 4 Preliminary Decision (PD) Issued. ... 5 Public Notice. ... 6 Final Finding and Decision (FFD) Issued. ... 7 EA issued if required.
