SWQ S John Young Pky & Destination Pky - Hospitality FOR SALE


Orlando, FL 32819- Universal
$4,600,000 USD
407-620-2416
SWQ S John Young Pky & Destination Pky, Orlando, FL for Sale
$4,600,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

SWQ S John Young Pky & Destination Pky
Orlando, FL 32819
Universal


HIGHLIGHTS

  • Rare opportunity to acquire a vacant parcel of land with shovel-ready plans for a hotel development
  • Strategically Positioned In A Core Infill Location With Immediate Access To Sand Lake Road
  • Prominent Frontage Along Futures Drive Offering Strong Visibility

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$83 USD /SF

# OF ROOMS

111

PRICE/ROOM

$41,441 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Orlando South/John

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2029

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

IND-2/IND-

APN/PARCEL ID

32-2329-8221-02-003

ASK ABOUT THIS PROPERTY

Salim ValianiMarcus & MillichapMore Info
407-620-2416

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Salim ValianiMarcus & MillichapMore Info
407-620-2416

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.