Prime Athens Development
For Sale
Under Contract
$7,000,000
940 College Avenue, Athens, GA 30601
LAND - Athens, GA
Lot Size7.84 Acres
Days on Market163
Property Features for 940 College Avenue
General Information
Property type
Land
Property subtype
Other
Directions
From Milledge Avenue, take a right on Prince Avenue, take a left on College Avenue, turn right, land is on the right
Standard status
Active Under Contract
APN
163C2 F001
Lot size
7.84 Acres
Taxes and HOA fees
Tax Description
Yes
Legal Description
Yes
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
CollegeTown Properties LLC
(706) 850-7740
Listed By:
Chase Lawrence · License #316622
(706) 200-7082
Added: Feb 17
Changed: Apr 15
Last Checked: Jul 30 at 1:06PM
MLS# CL349276
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,473
Businesses Nearby
Explore this area
Business Placement
Demographics for 30601, GA
25,036
Population
11,634
Households
2.2
Avg Household Size
28
Median Age
37%
College-Educated
84%
High-School Grad
23.4 sq mi
ZIP Area
1,070
Density / Sq Mi
$37,357
Median Household Income
$24,639
Median Earnings
$1,198
Median Rent
$213,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
