State Hwy Farms Homes with No Deed Restriction Community Extras

State Hwy Farms Homes with No Deed Restriction Community Extras

Welcome to State Hwy Farms, a charming subdivision located in the heart of Tampa, Florida. Nestled in Hillsborough County, this community offers a unique blend of tranquility and convenience, making it an ideal place to call home.

One of the standout features of State Hwy Farms is the Homes with No Deed Restriction Community Extras, offering residents the freedom to personalize and enhance their properties without restrictive guidelines. Whether you dream of adding a sparkling pool, a lush garden, or a cozy outdoor entertainment area, the possibilities are endless in this welcoming neighborhood.

With easy access to State Hwy and other major roadways, State Hwy Farms provides residents with seamless connectivity to the vibrant city of Tampa. Enjoy a short drive to downtown for work or play, or explore the nearby shopping, dining, and entertainment options that make this area so desirable.

Experience the best of Florida living in State Hwy Farms, where community spirit thrives, and neighbors become lifelong friends. Don't miss the opportunity to be part of this exceptional community where you can create the home of your dreams without limitations.

Newest State Hwy Farms Homes with No Deed Restriction Community Extras

$1,650,000
State Hwy Farms SubDv. 33610 Zip Code
5305 Garden Lane is a fully tenanted Industrial Outdoor Storage (IOS) asset offering clean, current cash flow under a triple-net commercial lease with AutoBase LLC (operating under the VMS Solutions brand under an FDOT "Road Rangers" contract) through February 2028, plus a one-year renewal option through February 2029, alongside supplemental, inflation-protected income from a long-term Clear Channel Outdoor billboard ground lease. The property is being sold strictly as-is; the seller makes no representations or guarantees regarding lease extensions, and prospective buyers will be provided with tenant contact details and underlying FDOT contract documentation to conduct their own outreach post-closing. VMS Solutions has continuously secured these FDOT contracts due to strict location requirements, necessary proximity to highway access, and limited market competition—making a lease renewal likely, though not guaranteed, which is directly reflected in the asset’s attractive, above-market cap rate. AutoBase utilizes the site as a critical regional fleet storage, dispatch, and crew staging facility with significant relocation friction, while the highly permissive CG (Commercial General) zoning in unincorporated Hillsborough County supports current operations and preserves flexible future-use pathways. AutoBase LLC (operating under the VMS Solutions brand) is a national fleet management and vehicle operations company with a multi-decade operating history serving utility providers, telecommunications operators, municipal governments, and transportation authorities across the United States. AutoBase is part of the AutoBase Holdings LLC corporate structure following a 2025 ownership transaction. The tenant occupies the site as a regional fleet storage, dispatch, and crew staging facility — a built-out operational footprint with significant relocation friction and high renewal probability. Clear Channel Outdoor is one of the largest outdoor advertising operators in the United States, with billboard structures positioned to capture I-4 corridor traffic. The lease structure provides a guaranteed annual floor plus percentage participation in net billboard revenues, allowing the income to grow with billboard advertising market rates over time. The lease's 30-year initial term and auto-renewal provisions make this a long-term, effectively perpetual income stream. The General Commercial zoning category is among the most permissive in unincorporated Hillsborough County. CG permits commercial, light industrial, outdoor fleet storage, truck parking, contractor yard, retail, and a broad range of permitted-by-right uses. This zoning flexibility supports current tenancy without restriction and preserves multiple future-use pathways for buyers contemplating eventual repositioning, expanded operations, or redevelopment. A rare convergence of income, optionality, and location. Income today from two creditworthy national tenants. Optionality through seller-facilitated lease extension access. Premier I-4 location in a submarket where comparable infill IOS land does not come available. Comprehensive offering package, lease abstracts, and detailed pro forma available to qualified buyers under NDA.

5305 Garden Lane, Tampa

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