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Listing Contacts
Submit LOICell Towers
302 1st Avenue, Sterling, 61081
Site Overview
Site NameLee Development
SiteBid ID ##434088
Published DateMay 3, 2023
Modified DateMay 17, 2025
Location
Property
Ownership TypePublic
Lee Development
The wireless infrastructure site located at 302 1st Avenue, Sterling, 61081, in the country of , has a latitude of 41.79 and longitude of -89.69. It is referenced as a asset class with a height of 0 and ground elevation of 0.
The utility asset is Managed Networks by American Tower and is identified using AssetID 212037 or by the site name: Lee Development. The last recorded utility area included sq. ft. of space.
Location Map
📍 41.790000, -89.690000
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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 lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.
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