38800 SE Mill Pond Rd, Snoqualmie, WA 98065
Small-Bay Industrial · Snoqualmie · Seattle-Bellevue metro, WA
One of 20 reachable small-bay industrial buildings in Snoqualmie. Larger than 95% of small-bay industrial buildings in Snoqualmie (median 10,816 SF), derived from assessor records.
- Usable building area
- 260,019 SF, King County Assessor
- Lot size
- 5,945,940 SF, King County Assessor
- Year built
- 1915, King County Assessor
- Stories
- 1, King County Assessor
- Buildings on parcel
- 3, King County Assessor
- Predominant use
- Industrial(heavy), King County Assessor
- Assessed value
- $1,546,900, per the King County Assessor (not a market appraisal)
- Assessed value per usable SF
- $5.95/SF, derived from assessor records
- Usable area / lot
- 0.04, derived from assessor records
- Vintage
- pre-war vintage
- Zoning
- PCI, King County
- County use code
- Industrial(Heavy)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
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Sale history and market context
MakeMe Estimate: $1.94M (estimated market value), with a likely range of $1.36M to $2.44M (half of recent verified sales in this segment landed inside that range). Based on 5 verified arm's-length comparable sales (through 2026-06-01). The county roll carries a nominal improvement value for this parcel, so the estimate leans on comparable sales and the county-confirmed building area rather than the county land and improvement split. Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 21.3 mi. This property type carries wider measured error; treat the estimate as a starting point. Comparable-sale caveat: the estimate is 93% below the $105.74/SF median of the shown comparable sales.
Comparable sales used as evidence
- 6700 Riverside Dr, Tukwila: $15,750,000 (2025-02), 67,440 SF, $233.54/SF, built 1990, 21.3 mi away (different city)
- 4620 B St NW, Auburn: $13,400,000 (2025-11), 65,710 SF, $203.93/SF, built 1995, 23.3 mi away (different city)
- 5803 E Marginal Way S, Seattle: $22,500,000 (2025-12), 414,986 SF, $54.22/SF, built 1960, 24.2 mi away (different city)
- 5901 E Marginal Way S, Seattle: $7,500,000 (2025-11), 138,413 SF, $54.19/SF, built 1955, 24.2 mi away (different city)
- 4733 Shilshole Ave NW, Seattle: $9,549,550 (2025-07), 90,310 SF, $105.74/SF, built 1959, 27.5 mi away (different city)
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Current ownership dates to 2010 (about 16 years) per recorded transfers.
- 2010-06-28: $3,250,000 from Weyerhaeuser Real Estate Development CO to Snoqualmie Mill Ventures LLC (part of a 7-parcel sale; price is the whole deal), rec. 20100630001825
- 2008-01-16: transfer from Weyerhaeuser Company to Weyerhaeuser Real Estate Development Company (part of a 31-parcel sale; price is the whole deal), rec. 20080514000800
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $610,000 (2011) to $1,546,900 (2026), up 154% over 15 years, per county tax rolls. The 2026 roll splits $1,546,900 into $1,545,900 land and $1,000 improvements.
- Zoning: PCI (per King County)
- Lot: 5,945,940 sq ft
- Water: Water District (per King County)
- Sewer: Private (per King County)
- Access: Public
- Floor and use mix: Industrial Light Manufacturing 251,043 SF; Office Building 8,976 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)