This can happen randomly, until next restart, or at some point may permanently fail and never recover, which can be disastrous for adding lights for night time play and other decoration.
No clear evidence of what triggers this to start failing. It can be working fine one moment and then suddenly stop working with the next placement. Happens on solo server or remote multi-player server (only affecting a single player based on testing so far), Altis and Tanoa maps. As a wild guess based on last failure, it might be associated with building between two owned buildings when it first breaks, but I do that a lot without problems so ::shrug::.
The Place->Misc will bring up tire which can be purchased normally. On first space bar press it switch to what I think is a tank tread. On second space bar press it deducts 30$, but does not give you a tank tread.
I've searched for possible fixes or workarounds and haven't seen this issue noted before, but it does happen on several of our players computers. We specifically load Overthrow(Plus) as the last mod in case that matters.