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Mixed-Use Land for Sale in Athens, Georgia

940 College Ave, Athens, GA 30601

$7,000,000
7.84 acres
Active
ago
Est $52,619/mo

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.

Location

Street address
940 College Ave
Elevation
684 feet
Coordinates
33.9666, -83.3767

Directions

From Milledge Avenue, take a right on Prince Avenue, take a left on College Avenue, turn right, land is on the right

Property details

Acreage
7.84 acres
MLS #
HMLS CL349276
Posted

Parcels

  • 163C2 F001

Details and features

Listing

Type
Land

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Feb 20, 2026New listing$7,000,000HMLS
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This 7.84-acre property is located at 940 College Ave in Athens, GA 30601. The property is available for sale for $7,000,000 with a price per acre of $892,857.

Checked 1 hour ago — Updated

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