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S. of I-96 & E. of Exit 160, Novi, MI 48375

Lat/Long: 42.490327, -83.500523     Elevation: 293.94 meters
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Site Name
S. of I-96 & E. of Exit 160, Novi MI
Current Infrastructure
Cell Towers
SiteBid ID #
134981
Published Date
December 21, 2022
Modified Date
March 22, 2023
Data Accuracy
0.000
Site Description

The cell tower located near S. of I-96 & E. of Exit 160, Novi MI 48375 in the county of Oakland County is licensed to STATE OF MICHIGAN. The structure is classified as TOWER and licensed by the FCC with tower registration number .

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This site has a microwave antenna on the tower and can be identified with callsign WQKU256, unique system id 3132149 and the latitude/longitude coordinates of 42.490139, -83.500917.

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Site Name
S. of I-96 & E. of Exit 160, Novi MI
City
State / Province
Zip Code
Latitude:
Longitude:
Country
United States

Census Data

The property located at S. of I-96 & E. of Exit 160 is situated in Oakland County, Michigan and has a block FIPS # of 261251371012000. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 261251371012000
County FIPS: 26125
County Name: Oakland County
State FIPS: 26
State Name: Michigan
Block Population (2020): 16
AMT: AMT005
BEA: BEA057
BTA: BTA112
CMA: CMA005
EAG: EAG704
IVM: IVM005
MEA: MEA016
MTA: MTA005
PEA: PEA012
REA: REA003
RPC: RPC003
VPC: VPC005
Communications Structure Type(s)
TOWER
Overall Height
40.0meters
Structure Height
39.6meters
Any government licenses?
Yes
Technology & Infrastructure
UniqSysID
3132149
OBJECTID
195042
Callsign
STATE OF MICHIGAN
Walk Score data not available.

Utility Lease Market Valuation Analysis

Cash Flow Analysis
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Cap Rate Range (%)
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Estimated Utility Lease Rates

Estimated Utility Lease Sale Valuation

Charging Station

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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.

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The information provided is intended to be reliable but is not guaranteed.