940 College Avenue, Athens, GA 30601
Local realty services provided by:Better Homes and Gardens Real Estate Treasure
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:93 day(s) ago
- Updated:May 22, 2026 at 07:52 AM
Structure and exterior
- Lot area:7.84 Acres
Finances and disclosures
- Price:$7,000,000
New listings near 940 College Avenue
- New
$649,900Active4 beds 4 baths4,513 sq. ft.106 Telfair Place, Athens, GA 30606
MLS# 7775064Listed by: JOE STOCKDALE REAL ESTATE, LLC - New
$338,000Active3 beds 3 baths2,248 sq. ft.308 Morning Drive, Athens, GA 30606
MLS# 7775097Listed by: EPIQUE REALTY - New
$542,000Active4 beds 3 baths2,314 sq. ft.Address Withheld By Seller, Athens, GA 30607
MLS# CL356583Listed by: MALCOM & MALCOM - New
$299,900Active3 beds 3 baths1,735 sq. ft.174 Stonybrook Court, Athens, GA 30605
MLS# CL356279Listed by: ERA SUNRISE REALTY - New
$375,000Active3 beds 2 baths1,540 sq. ft.116 Huntington Shoals Drive, Athens, GA 30606
MLS# 10769579Listed by: Greater Athens Properties - New
$289,990Active3 beds 2 baths1,100 sq. ft.120 Dove Valley Lane, Athens, GA 30606
MLS# CL356617Listed by: RAC PROPERTIES OF ATHENS, INC. - New
$1,950,000Active6 beds 4 baths4,780 sq. ft.580 Westview Drive, Athens, GA 30606
MLS# 10769512Listed by: Keller Williams Greater Athens - New
$1,299,000Active6 beds 5 baths7,668 sq. ft.186 Beaver Trail, Athens, GA 30605
MLS# 10769498Listed by: Athens Elite Real Estate - New
$325,000Active2 beds 1 baths236 N Peter Street, Athens, GA 30601
MLS# 10769358Listed by: HomeSmart - New
$377,500Active4 beds 2 baths1,769 sq. ft.105 Meadow Creek Drive, Athens, GA 30605
MLS# 10769172Listed by: Coldwell Banker Upchurch Realty
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.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.