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Prime Athens Development Opportunity

940 College Avenue Athens, GA 30601

940 College Avenue, Athens, GA, 30601
$7,000,000
For Sale
Under Contract
$7,000,000

LAND - Athens, GA

Lot Size7.84 Acres
Days on Market150

Property Features for 940 College Avenue

General Information

Property type
Land
Property subtype
Other
Standard status
Active Under Contract
APN
163C2 F001
Lot size
7.84 Acres

Taxes and HOA fees

Tax Description
Yes

Utilities

Sewer type
Public Sewer
Water source
Public
Listing Agency CollegeTown Properties LLC
428 N Milledge Avenue, Athens, GA
Listed by Chase Lawrence · License #316622
Added: Feb 17 Checked: Jul 17 at 8:06 am
MLS# CL349276 Listing URL

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 7.85-acre parcel on College Avenue in Athens, GA, presents an exceptional redevelopment opportunity. The site's location offers proximity to Downtown Athens and the University of Georgia (UGA). The property is suitable for mixed-use, residential, student housing, office, retail, or institutional development. The location provides high visibility, connectivity, and access to major thoroughfares, and is within walking distance of UGA's main campus. The site has direct access to College Avenue and is located in a walkable area with pedestrian activity and lifestyle amenities. UGA's enrollment continues to expand, with fall 2025 enrollment reaching approximately 43,888 students. Large, contiguous tracts in core Athens are extremely scarce, making this site a unique opportunity for institutional or private developers. The property is located at 940 College Avenue, Athens, GA 30601, in Clarke County.

Key Highlights

  • Prime 7.85‑acre development site near Downtown Athens and the University of Georgia (UGA).
  • Unparalleled proximity to UGA's main campus (walking distance) and Downtown Athens.
  • Suitable for mixed‑use, residential, student housing, office, retail, or institutional development.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quality Block of Athens Industrial Manufacturer Quality Concrete Block ... Building Supply

Suggested Use

Big Box & Wholesale Store Auto Parts Store Building Supply Kitchen & Bath Showroom Garden Center Storage Facility Furniture & Home Goods Electrical Service Carpet & Flooring Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - 7.85-acre site near Downtown Athens and UGA.
Where is this commercial land located?
The property is located at 940 College Avenue Athens, GA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Prime 7.85‑acre development site near Downtown Athens and the University of Georgia (UGA).; Unparalleled proximity to UGA's main campus (walking distance) and Downtown Athens.; Suitable for mixed‑use, residential, student housing, office, retail, or institutional development.
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