0 FM 2978 & 8818 Carraway Lane

8818 Carraway Lane Magnolia, TX 77354

8818 Carraway Lane, Magnolia, TX, 77354
8818 Carraway Lane, Magnolia, TX, 77354
Property Type:
Other Land
Please Call Broker for Price

Last Verified:
Feb 05, 2021


  • 6 min. to Woodlands Parkway
  • 10 min. to SH 249
  • 12 min. to Kuykendahl Road
  • 14 min to Beltway FM 1488
  • 17 min. to Grand Parkway


Located at a signalized hard corner in rapidly expanding Magnolia. There are two tracts available for purchase: Tract 1 is 0.37 AC with over 345 ft of frontage along FM 2978. Tract 2, visible form FM 2978, is 5.5 AC with ~678 ft of frontage along Carraway Ln. This site is located minutes from the new Grove Landing subdivision in Tomball, and less than ½ mi north of Northgrove, a 600-acre master planned community, and perfect for: Retail/dining, C Store/grocery, flex space and storage. Traffic counts on FM 2978 are more than 25,000/day. This location easy access to Tomball, The Woodlands and Magnolia.

corner property

Lot Size: 5.87 acres

Map of 8818 Carraway Lane, Magnolia, TX, 77354

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.