940 College Avenue, Athens, GA 30601
Local realty services provided by:ERA Wilder Realty
940 College Avenue,Athens, GA 30601
$7,000,000
- 7.84 Acres
- Lots / Land
- Pending
Listed by: chase lawrence, heather fincher
Office: collegetown properties llc.
MLS#:CL349276
Source:NC_CCAR
Price summary
- Price:$7,000,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:CL349276
- Added:229 day(s) ago
- Updated:October 04, 2026 at 07:54 PM
Structure and exterior
- Lot area:7.84 Acres
Finances and disclosures
- Price:$7,000,000
New listings near 940 College Avenue
- Coming Soon
$489,900Coming Soon4 beds 4 baths2,576 sq. ft.224 Westpark Drive, Athens, GA 30606
MLS# 10857637Listed by: eXp Realty - Coming Soon
$150,000Coming Soon3 beds 1 baths1,284 sq. ft.130 Canady Drive, Athens, GA 30607
MLS# 7320480Listed by: MARK SPAIN REAL ESTATE - New
$289,000Active-- beds -- baths144 W Paces Drive, Athens, GA 30605
MLS# 7848831Listed by: SIMPLY HOMES ATL, LLC - New
$289,000Active-- beds -- baths144-146 W Paces Drive, Athens, GA 30605
MLS# 10866492Listed by: Simply Homes ATL - New
$500,000Active2 beds 2 baths1,410 sq. ft.279 Yonah Avenue, Athens, GA 30601
MLS# 10858350Listed by: Greater Athens Properties - New
$179,000Active4 beds 3 baths1,524 sq. ft.275 Westchester Circle, Athens, GA 30606
MLS# 10858268Listed by: Heritage Realty - New
$329,115Active4 beds 2 baths1,482 sq. ft.215 Villa Drive, Athens, GA 30605
MLS# 7848607Listed by: D.R.. HORTON REALTY OF GEORGIA, INC - New
$344,115Active3 beds 3 baths1,663 sq. ft.217 Villa Drive, Athens, GA 30605
MLS# 7848633Listed by: D.R.. HORTON REALTY OF GEORGIA, INC - New
$330,205Active3 beds 3 baths1,518 sq. ft.213 Villa Drive, Athens, GA 30605
MLS# 7848654Listed by: D.R.. HORTON REALTY OF GEORGIA, INC - New
$374,000Active3 beds 3 baths1,531 sq. ft.146 Dennis Drive, Athens, GA 30605
MLS# 10858004Listed by: Broad & Main Real Estate Group
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2023 - 2026 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.