Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Carraway Ln Magnolia, TX 77354

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Carraway Ln

    Property type
    Retail properties

    Description

    This exceptional retail opportunity presents up to 24,000 square feet of available space in the thriving Magnolia, Texas market. Located at the southwest corner of Dobbin-Huffsmith Road and Carraway Lane, this Class A property boasts ample parking and is ideally situated for businesses seeking high visibility and accessibility. Currently, two spaces are immediately available, totaling 12,000 square feet. The property features modern construction and design, including abundant natural light. End-cap spaces offer the added benefit of drive-thru windows, making it particularly suitable for restaurants, medical offices, or similar businesses. The center's location within the high-growth area of Magnolia and The Woodlands ensures a strong customer base. Its proximity to major thoroughfares like the Grand Parkway, Tomball Tollway, and Highway 2978 provides excellent connectivity and accessibility for both employees and customers. High traffic counts further enhance the property's appeal, making it an attractive investment for businesses seeking a prime location in a rapidly expanding market. The property is in Montgomery County, Texas, with a zip code of 77354. Contact us for pricing and availability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Magnolia
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6075
    Latitude
    30.1554

    Comparable in this City

    • Value Estimation by Request
      125,500 SF

      30130 Dobbin-Huffsmith Rd

      Distribution properties • 125,500 SF
      30130 Dobbin-Huffsmith Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      42,030 SF

      30420 Fm2978

      Lifestyle centers • 42,030 SF
      30420 Fm2978, The Woodlands, TX 77354
      View Details
    • Value Estimation by Request
      30,000 SF

      15301 Fm 1488 Rd

      Retail properties • 30,000 SF
      15301 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      35,000 SF

      FM-1488 & Country Frst Dr

      Individual retail properties • 35,000 SF
      FM-1488 & Country Frst Dr, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      3,000 SF

      6103 Fm 1488 Rd

      Individual retail properties • 3,000 SF
      6103 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Value Estimation by Request
      5,373 SF

      14546 Red Crk Cir

      Automotive properties • 5,373 SF
      14546 Red Crk Cir, Magnolia, TX 77354
      View Details

    Similar Nearby for Sale

    • $6,895,136
      7,000 SF

      Shoppes at Magnolia Circle, TX

      High-growth Magnolia, TX shopping center.
      33108 Magnolia Cir, Magnolia, TX 77354
      View Details
    • $2,091,309
      3.69 Acres

      Magnolia, TX Retail Land Investment

      High-traffic retail land, unrestricted.
      0 Fm 1488 @ Mnr Dr, Magnolia, TX 77354
      View Details
    • Contact for pricing

      Magnolia East: Prime Retail Opportunity

      HEB-anchored mixed-use development; pad sites & retail space.
      13663 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      9.18 Acres

      Magnolia Shopping Center Land

      9.18 Acres, Prime Development Site
      30045 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      11,550 SF

      Retail Space Near H-E-B

      Retail property shadow-anchored by H-E-B in growing Magnolia.
      33108 Magnolia Cir, Magnolia, TX 77354
      View Details
    • $1,399,000
      4,080 SF

      New Construction Retail/Office/Medical Space

      New construction retail, medical, or office space in Magnolia, TX.
      1316 Sendera Ranch Dr, Magnolia, TX 77354
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      125,500 SF

      Magnolia Industrial Warehouse Space

      Modern warehouse suites, 1,500-12,000 SF
      30130 Dobbin-Huffsmith Rd, Magnolia, TX 77354
      View Details
    • $13 SF/Yr
      15,750 SF

      Windcrest Plaza Retail Center

      Multiple Suites Available, High Traffic
      10540 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      30,000 SF

      Audubon Retail Center: Magnolia, TX

      Prime Magnolia Retail Space: 30,000 sq ft, A-Class.
      15301 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • Contact for pricing
      20,843 SF

      Lake Windcrest Center Retail Space

      Magnolia, TX Retail Center - Spaces Available
      9201 Fm 1488 Rd, Magnolia, TX 77354
      View Details
    • $1.25 SF/Yr
      40,000 SF

      Magnolia, TX Flex Space for Lease

      Versatile warehouse/flex space, Magnolia, TX.
      9200 Carraway Ln, Magnolia, TX 77354
      View Details
    • Contact for pricing
      242,107 SF

      Magnolia Retail Center Opportunity

      Prime Magnolia retail space, multiple suites available.
      32858-33030 Fm 2978 Rd, Magnolia, TX 77354
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Carraway Ln
    Magnolia, TX 77354
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.