John T. Schmick
John is a highly respected and experienced appraiser who has prepared over 500 appraisals of commercial properties, special use properties, and easements. He is a vice president at Shenehon Company and a member of the real estate division. John’s specialty is corridor valuation. In particular, he values right of ways, pipelines, fiber optic lines, and high-voltage transmission lines. He is frequently called upon to provide litigation support for matters relating to these types of properties and has published numerous articles in national journals describing his valuation methodologies. John is adjunct faculty at the University of St. Thomas and also a Hennepin County condemnation commissioner.
Vice President, Director of Special Projects
jschmick@shenehon.com
612.767.9444
EDUCATION
• St. Cloud State University, Master of Business Administration
• St. Cloud State University, Bachelor of Science, Finance
LICENSES
• Minnesota License No. 4000878
• South Dakota License No. 1105CG
AFFILIATIONS
• The Appraisal Institute
• International Right of Way Association
ARTICLES AND PRESENTATIONS
“Are You Asking the Right Appraisal Question?”, Valuation Viewpoint, Summer 2020
Presenter, “Across-the-Fence Value and Hostage Occupancy Agreements,” EUCI Conference: Electric Transmission Projects, September 19, 2016
“Pipelines and Hostage Tenants,” Valuation Viewpoint, Spring 2016
Presenter, “Is Across-the-Fence Value Equal to Market Value?” IRWA Educational Conference, International Right of Way Association, June 16, 2015
“The Real Value of Business Property,” Right of Way magazine, January/February 2015
Presenter, “Right of Way – Three Case Studies with Two Approaches to Value,” co-presenter with Robert J. Strachota and Matthew Lubaway, Appraisal Institute, webinar, October 22, 2014
“Is Across the Fence Methodology Consistent with Professional Standards?” co-author with Jeffrey K. Jones, MAI, The Appraisal Journal, Fall 2014
“Buy the Farm Law: Objective Measure of Power Line Damages,” Valuation Viewpoint, Summer 2013
“Appraising Railroad Corridors: Misconceptions about Across-the-Fence Methodology,” Right of Way magazine, March/April 2013
“Minnesota Ranks High,” Shenehon Company Hot Topic post, September 2012
“A Rebuttal – Electric Transmission Lines and Their Impact on Rural Land Values,” Right of Way magazine, March/April 2011
“CapX2020 and Buy the Farm,” Shenehon Company Hot Topic post, April 2011
“Central Corridor Issues,” Shenehon Company Hot Topic post, March 2011
“Central Corridor: Underlying Valuation Issue,” Shenehon Company Hot Topic post, November 2010
“Overhead Utility Easements,” Right of Way magazine, July/August 2010
“Faulty Interpretations of the Consistent Use Principle,” Right of Way magazine, May/June 2010
“The Real Estate Investment Market,” Shenehon Company Hot Topic post, May 2009
“Unintended Consequences: The Impact of Medians,” Right of Way magazine, January/February 2008
“Appraising Public Utility Easements in a Railroad Corridor – As the debate continues, are we comparing apples to cows?”Right of Way magazine, March/April 2007
“Complexities of Pipeline Easement Damages on Midwest Farmland,” Right of Way magazine, November/December 2006
“Appraising Public Utility Easements – Part I,” co-author with Robert J. Strachota, Right of Way magazine, January/February 2006
“Appraising Public Utility Easements – Part II,” co-author with Robert J. Strachota, Right of Way magazine, March/April 2006
“Adopting Old Theories for New Applications: A New Approach to Church Valuations,” 16th Annual American Real Estate Society Meeting, April 2000