This thing should provoke strong desire amongst the EDC crowd. This Gravity Mag Reel 360, by Japanese accessories manufacturer Root Co., is a "tactical cord reel gear holder" with a built-in magnet.
The projected use cases:
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The company doesn't say what the cord is made out of, just that it will extend up to 85cm (33.4"). The line will support 3.4 kg (7.5 lbs) in weight—with this caveat:
"If you apply a load of 1.5 kg (3.3 lbs) or more while the line is fully stretched, the main body may be damaged causing the line to detach."
Well, I've got the solution! Just order one of those EDC measuring discs, and each time you extend the line, use the disc to carefully measure the precise distance you're retracting the line!
Runs $40.
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The It looks to be bulkier than it needs to be, given its length and load specs.