OFFERING OVERVIEW:

DSH Hotel Advisors has been retained as the exclusive broker to market for sale the Fort Myers Hotel Development Site, a 2.46+/- acre vacant commercial land parcel, located just off Daniels Parkway and Interstate 75 in Fort Myers, FL. This prime site, positioned in one of the fastest-growing regions in Southwest Florida, includes a development package that is currently under review for approval. The civil preliminary concept plan has been submitted to Lee County and is awaiting final sufficiency review and BOCC approval, anticipated for end of Q1 2026 (subject to change), for a proposed 4-story, 118-room hotel. The offering also presents an opportunity to pursuit nationally recognized extended-stay and select-service hotel brands, providing developers with the flexibility to align the project with evolving market demands. Currently in the final stages of the entitlement process, the site is expected to be permit-ready by the time of closing, allowing for an expedited development timeline for new ownership. The development package also includes optional services such as construction bids, project pricing, and general contractor agreements, offering new ownership an ideal opportunity for an efficient and seamless development process.

DEVELOPMENT PACKAGE INCLUDES:

• Preliminary Concept Plan for a 4-story, 118-room hotel
• ALTA Survey
• Geotechnical Evaluation Report
• Phase I Environmental Site Assessment (ESA)
• Biological & Environmental Assessment Report
• Stormwater Underground Chambers Quote
• Utility Will Serve / Letters of Availability
• Entitlements in Progress: Sufficiency Review completed July 2024 / Final approvals anticipated from the Board of County Commissioners by End of Q1 2026 (Subject to Change).
• Joint Venture structure may be considered for qualified parties. Interested groups are encouraged to contact the listing agent for further discussion
• Optional Services Available: Construction Bids, Project Pricing, and General Contractor Agreements

MARKET OVERVIEW:

The Fort Myers Hotel Development site is strategically located off Interstate 75 in Fort Myers, FL, offering easy access and high visibility for both corporate and leisure travelers. The development site is positioned near Daniels Parkway, a major east-west corridor, and only 5+/- miles from the Southwest Florida International Airport, which served over 10.3 million passengers in 2022, making it one of the top 50 U.S. airports for passenger traffic. The airport is the third-largest airport in the United States in terms of land size (after Denver and Dallas/Fort Worth) and is undergoing a major expansion project. The $331 million project includes the expansion of the terminal, the consolidation of security checkpoints, and the addition of new passenger amenities. Other nearby demand generators include Page Field, Hertz Arena, and several corporate offices, making the site an ideal location for business travelers. For leisure guests, popular attractions such as TopGolf Fort Myers, JetBlue Park, and Hammond Stadium are close by, as are the scenic destinations of Sanibel Island and Captiva Island. In addition to its proximity to key local landmarks like the Edison & Ford Winter Estates and Harborside Convention Center, the site benefits from its convenient access to Naples and Sarasota via Interstate 75, providing added appeal for travelers exploring the greater Southwest Florida area.