940 College Ave - Commercial LAND FOR SALE


Athens, GA 30601- Downtown Athens341,510 SF
$7,000,000 USD
706-200-7082
940 College Ave, Athens, GA for Sale
$7,000,000 USD
Commercial LAND - FOR SALE
1/1
341,510 SF

940 College Ave
Athens, GA 30601
Downtown Athens


HIGHLIGHTS

  • Multifamily
  • Industrial
  • Mixed Use

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/ACRE

$892,857/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

940 College Avenue Athens, GA 30601

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Industrial, Mixed Use, Multi-Family, Industrial Park

LAND ACRES

7.84 AC

LAND SF

341,510 SF

OFFSITE IMPROVEMENTS

-

ZONING

E-I

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chase LawrenceCollege Town PropertiesMore Info
706-200-7082

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Chase LawrenceCollege Town PropertiesMore Info
706-200-7082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.