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Under contract
  • $7,000,000

    940 College Avenue, Athens, GA 30601

    --beds
    --baths
    7.84Acres
    Land
    Built in ----
    7.84 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    83 days
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    12
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chase Lawrence 706-200-7082,

    CollegeTown Properties LLC,

    Heather Fincher 706-224-5302,

    CollegeTown Properties LLC

    Source: Hive MLS,MLS#: CL349276MLS LogoOriginating MLS: Athens Area Association of REALTORS

      Facts & features

      Property

      Lot
      • Size: 7.84 Acres
      Details
      • Parcel number: 163C2 F001
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      HOA
      • Has HOA: No
      Location
      • Region: Athens

      Financial & listing details

      • Date on market: 2/17/2026
      • Cumulative days on market: 83 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Other
      • Ownership type: Owner/Agent

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/16/2026Contingent$7,000,000
        Source: Hive MLS #CL349276 Report a problem
        2/17/2026Listed for sale$7,000,000
        Source: Hive MLS #CL349276 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 30601

        Getting around

        67 / 100
        Somewhat Walkable
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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