Under Contract

940 College Avenue

Athens, GA 30601
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Acres7.84

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $7,000,000

AD Id : 75461364

MLS Id : CL349276

Lot Size : 7.84 Acres(Lot)

County : Clarke

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Feature Features

  • Building Information

    Construction Materials: Other Private Pool: No View: Panoramic

  • Lot Information

    Main Square Feet: 7.84 Acres Lot Size Acres: 7.84 Lot Size Square Feet: 341510

  • Listing Price Information

    Listing Price: $7000000

  • Tax Information

    Parcel Number: 163C2 F001

  • Location Information

    Direction: From Milledge Avenue, take a right on Prince Avenue, take a left on College Avenue, turn right, land is on the right WaterSource: Public
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Nearby Home Value

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741 Harve Mathis Road, Athens, GA, 30601 $323,000 -- -- -- 8.21 Acres(Lot)
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4000 Danielsville Road, Athens, GA, 30601 $1,043,000 -- -- -- 26.10 Acres(Lot)
4000 Danielsville Road, Athens, GA, 30601 $1,043,000 -- -- -- 26.10 Acres(Lot)
4000 Danielsville Road, Athens, GA, 30601 $1,043,000 -- -- -- 26.10 Acres(Lot)
440 Martin Circle, Athens, GA, 30601 $60,000 -- -- -- 0.25 Acre(Lot)
373 Arch Street, Athens, GA, 30601 $190,000 3 2 1,507 0.38 Acre(Lot)

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 06/12/2026 @ 12:47

MLS: CL349276 LISTED BY: Chase Lawrence, CollegeTown Properties LLC SOURCE: Hive MLS (North Carolina Regional)

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