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$7,000,000
196 Days On Site

940 College Avenue
Athens, GA 30601

For Sale|Land|Active Under Contract
County:
Clarke

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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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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Listing Snapshot
Price 
$7,000,000
Days On Site 
196 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7.84 Acres
Year Built 
N/A
MLS® Number 
CL349276
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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Recent Activity
6 months agoStatus changed to Active Under Contract
6 months agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
7.84
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
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Construction Details 
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Waterview 
Panoramic
Community Features
Community Features 
None
Listing courtesy of Chase Lawrence of CollegeTown Properties LLC



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-09-02 08:37 AM UTC. 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) 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

Neighborhood & Commute
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Dena Lynn Sosebee
PO Box 2360
Loganville, Georgia 30052
(770) 335-5580