Under Contract

Listed by Chase Lawrence and Heather Fincher from CollegeTown Properties LLC

Source: Athens Area Association of Realtors #CL349276

940 College Avenue, Athens, GA, 30601

$7,000,000

341510 sq. ft.

Land

30+ days on the market

What's around 940 College Avenue

About this property

Prime 7.85-Acre Development Site — 940 College Avenue, Athens, GA Exceptional redevelopment opportunity in one of Georgia’s most dynamic collegiate markets. This rare 7.85-acre parcelalong College Avenue offers unparalleled proximity to Downtown Athens and the University of Georgia (UGA), providing an ideal setting for mixed-use, residential, student housing, office, retail, or institutional development. Located just minutes from the vibrant Downtown Athens entertainment, dining, and cultural district, this site benefits from high visibility, excellent connectivity, and ready access to major thoroughfares. Equally important, it sits within walking distance of UGA’s main campus — a perennial driver of Athens’ real estate demand and long-term growth. Key Investment Highlights: Unmatched Location: Direct access to College Avenue and immediate proximity to downtown core, a highly walkable area with strong pedestrian activity and lifestyle amenities. The University of Georgia’s enrollment continues to expand, with fall 2025 enrollment reaching approximately 43,888 students, up over the prior year and reflecting ongoing demand for student-oriented services, housing, and commercial offerings.  In addition, UGA remains one of the nation’s most competitive and sought-after public research universities. Record applicant volumes and strategic enrollment plans underline sustained interest and enrollment stability.  Market Scarcity:Large, contiguous tracts in core Athens are extremely scarce. Sites of this size within walking distance of campus and downtown rarely come to market, presenting a unique opportunity for institutional or private developers. Whether envisioned for student housing, multifamily residential, mixed-use retail/office, or a strategic campus-oriented project, this site offers the scale, location, and market fundamentals that sophisticated buyers seek. Contact broker for detailed due diligence materials, zoning, utilities, aerials, and traffic data.

Looking for more information on 940 College Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$105,000
480 Atlanta Avenue
Athens GA 30601
Land
Listing courtesy of SIGNATURE GMAC REAL ESTATE
For Sale
$21,500
146/225 Oak Street
Athens GA 30601
Land
Listing courtesy of Keller Williams Greater Athens
For Sale
$21,500
145/225 Oak Street
Athens GA 30601
Land
Listing courtesy of Keller Williams Greater Athens

Other properties for sale by CollegeTown Properties LLC

For Sale
$425,000
5/315 North Pope Street
Athens GA 30601
2
2
Condo
Listing courtesy of CollegeTown Properties LLC
For Sale
$549,900
583 Woodland Hills Drive
Athens GA 30606
5
4
Single-Family
Listing courtesy of CollegeTown Properties LLC
For Sale
$5,500,000
1030 Dr Martin Luther King Parkway
Athens GA 30601
65
65
Multi-Family
Listing courtesy of CollegeTown Properties LLC

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent