Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    2.1

  • Lot Size(square feet)

    91476.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,599,000

  • Tax Amount

    $11,547

  • Sq. Footage

    2, 952

  • Price/SqFt

    $541

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Septic Tank

  • Tax Lot

    00

  • Water Source

    Private, Well

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Location

County

Hillsborough

Elementary School

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Listing Courtesy of Jessica Scialletti , URBAN REAL ESTATE US

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Exceptional investment and development opportunity in the heart of Carrollwood, one of Tampa’s most desirable and established residential markets. 15509 Casey Road presents a rare chance to acquire a property with approved site development plans for seven (7) single-family home lots, offering immediate potential for a boutique residential subdivision or custom home enclave.  The current owner has completed substantial groundwork—site plan approval is in place, and three distinct floor plans have been prepared and are ready to be proposed as part of the development package. This level of readiness significantly shortens the development timeline, providing a streamlined path from acquisition to construction.  The property currently features a fully renovated main residence plus two income-producing efficiency suites, providing holding income while development plans are advanced.  Main Residence: 4 bedrooms, 3 baths, office, family room/man cave with wet bar, covered lanai, and pool.  Suite A: Open-concept studio with kitchen and full bath, currently leased for $1,200/month.
Suite B: Two-bedroom, one-bath unit with kitchen, leased for $2,000/month.  Renovated in 2021, the main home features oak hardwood flooring throughout, granite countertops, hardwood cabinetry, stainless steel appliances, an outdoor kitchen with gas BBQ, and a modernized interior. The property also includes a two-car garage, a barn, well and septic systems, and a roof approximately eight years old.  This asset offers multiple exit strategies—continue as a short- or long-term rental investment, utilize the existing home as a sales or model center, or redevelop the land into a new residential community. The surrounding neighborhood supports strong new-home demand, with recent comparable builds demonstrating excellent absorption and pricing trends.  Strategically located minutes from major highways, top-rated schools, shopping centers, and dining, this site offers both prime accessibility and lifestyle appeal, ensuring strong buyer interest for any new development.  Key Highlights: Approved site development plan for 7 single-family home lots  Three proposed floor plans included in concept. Immediate rental income from two tenant-occupied suites. Desirable infill location in Carrollwood with established market demand. Utilities: Well and septic, with potential for future connection options. This is a turnkey opportunity for builders, developers, or investors seeking a project with approvals in place, income during planning, and high upside potential in one of Tampa’s strongest submarkets.

15509 CASEY ROAD

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Own an irreplaceable hard corner in the heart of South Tampa. Positioned on the signalized corner of S Dale Mabry Highway and Interbay Boulevard — one of South Tampa's busiest commercial arteries, carrying 50,000 vehicles every day, with over 338' of frontage on S Dale Mabry Hwy — 6409 S Dale Mabry Hwy is a rare income-producing and redevelopment-ready commercial property in a supply-constrained, high-barrier-to-entry submarket. Operating today as the Base Motel by OYO, the property delivers an in-place hospitality foundation while offering significant upside for an investor, owner-user, or developer to reposition or redevelop one of the last value-priced corners on the corridor. It sits a stone's throw from MacDill Air Force Base, Picnic Island, Gadsden Park, Bayshore Boulevard, and the Gandy connector to St. Petersburg.

The property comprises a ±7,044 SF concrete block building (±5,688 SF heated/conditioned) situated on a ±0.41-acre (±18,064 SF) corner parcel, zoned CG — Commercial General, City of Tampa. Originally built in 1969 and renovated in 2000, the building is configured as a single-story, 14-room limited-service motel with exterior corridors, high-speed internet, and an asphalt-paved parking field with 24 spaces, plus a built-in on-site residential apartment with Central AC. The CG zoning, corner exposure, generous frontage, and flexible footprint make the site adaptable to a wide range of commercial uses well beyond its current hospitality operation — such as live/work professional offices and studios or retail suites — with no Airbnb or short-term-rental restrictions.

For a developer or owner-user, the real story is the dirt and the zoning. The surrounding stretch of Dale Mabry is dominated by strong-performing retail and strip-center real estate, and recent qualified strip-center sales on the corridor have traded at roughly $245 to $346 per building square foot — with premium Dale Mabry and Kennedy corridor products reaching well above that. Against the subject's modest in-place basis as an older motel, that spread represents a clear path to value creation through repositioning, renovation, or ground-up redevelopment into higher-and-better commercial use such as retail, restaurant, office, or mixed commercial.

Location is the enduring advantage. South Tampa is one of the Tampa Bay region's most affluent and desirable submarkets, anchored by MacDill Air Force Base — a major regional employer roughly five minutes south — and surrounded by established, high-income residential neighborhoods including Ballast Point, Bayshore Beautiful, Gandy, and Port Tampa. The immediate West Interbay trade area combines dense rooftops, strong household incomes, and steady daytime traffic, while Dale Mabry itself functions as the spine of South Tampa retail. Demand for well-located commercial real estate in this corridor has remained durable through cycles, and infill opportunities on a true hard corner rarely come to market.
#OM726597

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None Beds

None Baths

7,044 Sq.Ft.

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MLS#: OM726597

5305 Garden Lane is a fully tenanted Industrial Outdoor Storage asset generating clean current cash flow under a triple-net commercial lease with AutoBase LLC, operating under the VMS Solutions brand under a "Road Rangers" contract with FDOT. The primary lease runs through February 2028 with an additional one-year tenant renewal option, structured triple-net with real estate taxes flowing through to the tenant. Supplemental income is generated through a long-term billboard ground lease with Clear Channel Outdoor featuring guaranteed annual base rent plus a percentage of net advertising revenues — an inflation-protected income stream with auto-renewal mechanics that extend the lease term effectively into perpetuity. Lease terms, rent structure, and contractual provisions for both tenants are available to qualified buyers under NDA.

Seller will give qualified buyers access to AutoBase during the due diligence period to potentially negotiate an extension of the existing lease prior to closing. This is an uncommon and meaningful concession. A successful extension converts the asset from a short-tail net lease into a long-WALT credit-tenant IOS investment, with material cap rate compression and value enhancement that accrues directly to the buyer at acquisition. Pre-closing tenant engagement, combined with the property's strategic I-4 location and zoning flexibility, gives the right buyer a clear multi-year value creation roadmap from day one.

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.

All Reasonable Offers and Terms Considered.  Brokers Protected.
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South Tampa – Flex Building – 3 separate units – 3 electric meters – 1 grade-level overhead door (A/C storage space) – fenced storage yard – on-site parking lot – corner lot – CG zoning – newer roof – block construction – shown by appointment.
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