Shovel Ready Development of Fairfield Inn & Suites
Shovel Ready Plans for 119 Key Fairfield Inn
Marketing description
Marcus & Millichap is pleased to present this prime Fairfield Inn and Suites development opportunity in Orlando, Florida. The Site is ideally located directly off Destination Pkwy, in the heart of Orlando's International Drive/Universal submarket - one of the region's most dynamic and rapidly evolving commercial corridors.
The property is situated on a large, 2.16 acre parcel offering significant frontage and visibility along Destination Pkwy with immediate access to S John Young Pkwy, Sand Lake Road, International Drive, SR 528 (Beachline Expressway), Florida's Turnpike, and Interstate 4. This connectivity places the asset within minutes of Universal Orlando Resort (specifically the new Epic Universe Park), the Orange County Convention Center, and the broader International Drive tourism and employment hub.
This future hotel benefits from its proximity to one of Orlando's strongest demand drivers: tourism. The surrounding area is experiencing sustained growth fueled by Universal's Epic Universe development, continued retail expansion, and increasing residential density. These fundamentals support long-term demand for hospitality services.
The site comes with fully permitted, shovel-ready plans for a 119-room Fairfield Inn & Suites development opportunity. An investor is able to cut out a tremendous amount of time and capital to get these plans permitted and approved by the AHJ and Marriott for this development. With limited land available remaining in the International Drive corridor, the subject property provides a compelling shovel-ready development opportunity to control a hospitality asset in one of Central Florida's most established and resilient markets.
Investment highlights
- Rare opportunity to acquire a vacant parcel of land with shovel-ready plans for a hotel development directly adjacent to universal's epic universe within Orlando's highly sought-after international drive corridor.
- Strategically Positioned In A Core Infill Location With Immediate Access To Sand Lake Road, SR 528, Florida's Turnpike, And Interstate 4, Providing Excellent Regional Connectivity.
- Prominent Frontage Along Futures Drive Offering Strong Visibility And Signage Opportunities Within A High-Traffic Commercial corridor.
- Located In One Of Orlando's Strongest Demand Drivers, Supported By Universal Orlando Resort, Epic Universe Development, The Orange County Convention Center, And Year-Round Tourism.
- High-Growth Trade Area Characterized By Dense Hospitality, Retail, And Employment Uses, Supporting Long-Term Tenant And User Demand.
- Supply-Constrained Submarket With Limited Remaining Developable Land, Enhancing Long-Term Value.
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