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940 College Ave - 940 College Avenue Athens, GA 30601 7.84 Acres of Commercial Land Offered at $9,545,130 CAD in Athens, GA 30601
Investment Highlights
- Multifamily
- Mixed Use
- Industrial
Executive Summary
7.85 Acres | Prime Infill Development Site
940 College Avenue | Athens, GA
Rare opportunity to acquire 7.85 contiguous acres in the heart of Athens — just minutes from Downtown Athens and the flagship campus of the University of Georgia.
Large infill tracts of this scale in the urban core are exceptionally scarce. This site offers the size, location, and proximity to demand drivers that institutional and private developers seek for transformative mixed-use, student housing, multifamily, or campus-oriented commercial projects.
Investment Highlights
Premier Location
Direct frontage on College Avenue
Walkable/bikeable access to Downtown Athens retail, dining, and entertainment
Immediate proximity to UGA’s main campus and student activity centers
Strong connectivity to major Athens corridors
Powerful Demand Driver – University of Georgia
Approx. 43,000+ students enrolled
Continues to experience record applicant pools and sustained enrollment growth
Major SEC university and top-tier public research institution
Consistent demand for housing, retail, hospitality, and service-oriented uses
Athens Market Fundamentals
Stable and growing population base supported by UGA, healthcare, and regional employment
Strong multifamily and student housing fundamentals
Nationally recognized college town with year-round economic activity
Barriers to entry increasing due to limited available land near campus
Scarcity & Scale
7.85 acres is a rare assemblage within the urban core
Few comparable redevelopment tracts remain near downtown and campus
Opportunity for phased development or large-scale mixed-use concept
Ideal for groups seeking a legacy project in one of Georgia’s strongest secondary markets
Ideal Uses (Subject to Zoning)
Student Housing
Market-Rate Multifamily
Mixed-Use (Retail/Residential)
Campus-Oriented Commercial
Institutional / Educational Support Uses
940 College Avenue represents one of the last opportunities to control a development-scale site within walking distance of downtown and UGA.
Contact broker for zoning information, utility availability, survey, and due diligence package.
940 College Avenue | Athens, GA
Rare opportunity to acquire 7.85 contiguous acres in the heart of Athens — just minutes from Downtown Athens and the flagship campus of the University of Georgia.
Large infill tracts of this scale in the urban core are exceptionally scarce. This site offers the size, location, and proximity to demand drivers that institutional and private developers seek for transformative mixed-use, student housing, multifamily, or campus-oriented commercial projects.
Investment Highlights
Premier Location
Direct frontage on College Avenue
Walkable/bikeable access to Downtown Athens retail, dining, and entertainment
Immediate proximity to UGA’s main campus and student activity centers
Strong connectivity to major Athens corridors
Powerful Demand Driver – University of Georgia
Approx. 43,000+ students enrolled
Continues to experience record applicant pools and sustained enrollment growth
Major SEC university and top-tier public research institution
Consistent demand for housing, retail, hospitality, and service-oriented uses
Athens Market Fundamentals
Stable and growing population base supported by UGA, healthcare, and regional employment
Strong multifamily and student housing fundamentals
Nationally recognized college town with year-round economic activity
Barriers to entry increasing due to limited available land near campus
Scarcity & Scale
7.85 acres is a rare assemblage within the urban core
Few comparable redevelopment tracts remain near downtown and campus
Opportunity for phased development or large-scale mixed-use concept
Ideal for groups seeking a legacy project in one of Georgia’s strongest secondary markets
Ideal Uses (Subject to Zoning)
Student Housing
Market-Rate Multifamily
Mixed-Use (Retail/Residential)
Campus-Oriented Commercial
Institutional / Educational Support Uses
940 College Avenue represents one of the last opportunities to control a development-scale site within walking distance of downtown and UGA.
Contact broker for zoning information, utility availability, survey, and due diligence package.
Property Facts
| Price | $9,545,130 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.84 AC |
| Property Type | Land | ||
| Zoning | E-I | ||
| Price | $9,545,130 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.84 AC |
| Zoning | E-I |
1 Lot Available
Lot
| Price | $9,545,130 CAD | Lot Size | 7.84 AC |
| Price Per AC | $1,217,491.07 CAD |
| Price | $9,545,130 CAD |
| Price Per AC | $1,217,491.07 CAD |
| Lot Size | 7.84 AC |
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940 College Ave - 940 College Avenue Athens, GA 30601
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