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    Fully Tenanted Industrial Outdoor Storage Title is generated by Realmo AI

    5305 GARDEN LANE, Tampa, FL 33610

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    Picture of Truck terminals at 5305 GARDEN LANE, Tampa, FL
    For Sale
    $1,650,000

    Industrial - TAMPA, FL

    Type:Industrial
    Property size:
    1,140 SF
    Lot size:
    0.76 Acres
    Price / SF:
    $1,447/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for 5305 GARDEN LANE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Zoning
    CG
    Standard status
    Active
    APN
    U-06-29-20-1ME-000000-00007.8
    Size
    1,140 SF
    Lot size
    0.76 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9589

    Building Details

    Year built
    1958
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Brad Kuskin

    Listing agent Brad Kuskin License #3333122

    Listing office COMPASS FLORIDA LLC 851 W Morse Blvd, FL, FL

    Listing date Jun 2, 2026

    MLS# O6413181 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully tenanted industrial outdoor storage asset leased to AutoBase LLC (VMS Solutions/"Road Rangers") under a triple‑net lease structure.
    • Primary tenant lease runs through February 2028 with an additional one‑year renewal option; real estate taxes flow through to the tenant.
    • Additional long‑term billboard ground lease with Clear Channel Outdoor includes guaranteed annual base rent plus a percentage of net ad revenues.
    • Clear Channel billboard lease has a 30‑year initial term with auto‑renewal provisions extending the income stream effectively into perpetuity.
    • General Commercial (CG) zoning in unincorporated Hillsborough County permits outdoor fleet storage, truck parking, contractor yard, and other uses.
    • Seller offers qualified buyers due diligence access to AutoBase to potentially negotiate an extension of the existing lease prior to closing.

    Overview

    5305 Garden Lane is a fully tenanted industrial outdoor storage facility operated as a regional fleet storage, dispatch, and crew staging site. The property is leased under a primary triple-net commercial lease to AutoBase LLC, operating under the VMS Solutions brand through a “Road Rangers” contract with FDOT. The primary lease runs through February 2028 with a one-year tenant renewal option, and real estate taxes flow through to the tenant. Supplemental income is provided by a long-term billboard ground lease with Clear Channel Outdoor, structured with a guaranteed annual base rent plus a percentage of net advertising revenues and designed to be inflation-protected with auto-renewal mechanics that extend the lease term effectively into perpetuity. Lease terms and contractual provisions for both tenants are available to qualified buyers under NDA.

    Access is available to qualified buyers for due diligence to engage with AutoBase and potentially negotiate an extension prior to closing, a concession the seller says may convert the investment profile into a longer-dated, value-accretive net-leased structure. The asset is located in Tampa at 5305 Garden Lane with zoning classified as General Commercial (CG) in unincorporated Hillsborough County. The offering notes the location’s strategic relationship to I-4 and highlights zoning flexibility for future pathways.

    This property is positioned for investors seeking a current cash-flow industrial outdoor storage asset supported by two established contractual income streams. With a tenant renewal option and seller-facilitated extension access, the site may appeal to buyers focused on strengthening lease duration and underwriting durability. The CG zoning profile is presented as permissive and supportive of a range of commercial and light industrial, outdoor fleet storage, truck parking, contractor yard, and retail uses, offering practical optionality for long-term planning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tampa Bay’s Finest ... Painting Service Four Elements Llc Corporate Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.348482
    Latitude
    27.994528

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    FAQs

    What type of property is this?
    Truck terminal - Triple-net industrial outdoor storage with a long-term billboard ground lease for diversified, contract-driven income growth.
    Where is this truck terminal located?
    The property is located at 5305 GARDEN LANE Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: Fully tenanted industrial outdoor storage asset leased to AutoBase LLC (VMS Solutions/"Road Rangers") under a triple‑net lease structure.; Primary tenant lease runs through February 2028 with an additional one‑year renewal option; real estate taxes flow through to the tenant.; Additional long‑term billboard ground lease with Clear Channel Outdoor includes guaranteed annual base rent plus a percentage of net ad revenues.
    (561) 232-7899
    We can help!
    Listing Contact
    Brad Kuskin
    Real Estate License ID: 3333122
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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