appx cost of billboards

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  • Minneapolis, MN · Member since 2008 · 691 posts · 12 votes
    18y

    I have heard (not used them myself) it is in the $5k - $10K per month range.

  • Attorney · Raleigh, NC · Member since 2008 · 4k+ posts · 1k+ votes
    18y

    Depends greatly on where and who owns the billboard. You can rent the side of privately owned commercial buildings for a couple hundred bucks a month.

  • Member since 2008 · 1 post · 0 votes
    18y

    It depends on how much traffic there is on highway where the billboard post is located, the size of it, its visibility (from one or two sides) etc etc. The costs indeed can add up. Make sure you get what you pay for.

  • Real Estate Coach · Oakton, VA · Member since 2008 · 695 posts · 43 votes
    18y

    It all depends on location...I have never done it, but in my area investors say they go for about $12,000 a month

    However, you would be much better off spending $12,000 on highly targeted direct mail...it's better to have the rifle approach than the shotgun approach.

  • Real Estate Consultant · Member since 2008 · 792 posts · 30 votes
    18y

    Just did a recent bill-board contract, here are the approx numbers:

    Traffic count: 52,000
    12 rotating ads
    $3,500 per ad/per month

  • Minneapolis, MN · Member since 2008 · 691 posts · 12 votes
    18y

    Sounds like we should buy some land ona freeway and build some signs!

  • Real Estate Consultant · Member since 2008 · 792 posts · 30 votes
    18y

    Mike,

    You're not kidding. I just recently found out how that biz works. It's pretty amazing. Companies like Lamar and Summit can really rake it in.

    However, I don't think highway traffic gets credited the same as in-town local traffic. The details I posted were in-town numbers.

  • Real Estate Coach · Oakton, VA · Member since 2008 · 695 posts · 43 votes
    18y

    Billboards are big money......That's how Ted Turner started out. His father owned billboards all over.

  • Attorney · Raleigh, NC · Member since 2008 · 4k+ posts · 1k+ votes
    18y

    On major highways you'd be up against Clear Channel. It's not impossible but it's like starting a retail store right next to Walmart.

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