Property Description

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.

Address Map
US
GA
Clarke
Athens
30601
College
940
Avenue
W84° 37' 24''
N33° 57' 59.9''
From Milledge Avenue, take a right on Prince Avenue, take a left on College Avenue, turn right, land is on the right
MLS Addon
CollegeTown Properties LLC
Chase Lawrence
Yes
Yes
$0
Additional Information
: None
: Other
2026-02-17
: Public
Listing Information
Heather Fincher
CM288002757
CM316
CollegeTown Properties LLC
CM288002009
CM316
Other
Active Under Contract
2026-03-16T21:13:06Z
HiveMLS
: Standard
2026-03-16T17:04:15Z

940 College

940 College Avenue, Athens, Georgia 30601

7.84 Acre
$7,000,000
Listing ID #CL349276
Basic Details
Property Type : Land
Listing Type : For Sale
MLS ID : be3d834b01e76470687413f25cc94b54
Listing ID : CL349276
Price : $7,000,000
Lot Area : 7.84 Acre
Status : Active Under Contract
Property Sub Type : Land
Contact Agent