Peotone

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3498 W Kennedy Rd, Peotone, IL 60468

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Site Name

3498 W Kennedy Rd, Peotone, IL 60468

Current Infrastructure

Cell Towers

SiteBid ID #

202500

Published Date

December 23, 2022

Modified Date

April 16, 2024

Data Accuracy

0.000

Site Description

The cell tower located at , PEOTONE IL in the county of WILL is licensed to Surf Air Wireless, LLC. The structure is classified as a B structure and licensed by the FCC with tower registration number of .

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This cell tower site has a microwave antenna on the tower and can be identified with callsign WQJS257, unique system id 3063323 and the latitude/longitude coordinates of 41.31075, -87.695056.

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Site Name

3498 W Kennedy Rd, Peotone, IL 60468

Address

3498 W Kennedy Rd

County of Record

Will County

City

Peotone

State / Province

Zip Code

60468

Latitude:

41.31075

Longitude:

-87.695056

Country

United States

Census Data

The property located at 3498 W Kennedy Rd is situated in Will County, Illinois and has a block FIPS # of 171978839031073. Here is the most recent census data from the 2020 US Census report:

Block FIPS: 171978839031073

County FIPS: 17197

County Name: Will County

State FIPS: 17

State Name: Illinois

Block Population (2020): 10

AMT: AMT005

BEA: BEA064
BTA: BTA078
CMA: CMA003
EAG: EAG704
IVM: IVM003
MEA: MEA018
MTA: MTA003
PEA: PEA003
REA: REA003
RPC: RPC003
VPC: VPC005

Communications Structure Type(s)

Overall Height

6.0meters

Structure Height

6.0meters

Any government licenses?

Yes

Technology & Infrastructure

Microwave

UniqSysID

3063323

OBJECTID

170971

Callsign

WQJS257

Site License

https://wireless2.fcc.gov...

Utility Lease Market Valuation Analysis

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Net Income

Cap Rate Range (%)

Market Lease Comparables

Sale Value Range ($)

Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

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Infrastructure Investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.