Income Approach– Estimated use-value of agricultural land ($/acre)

Land ClassUse-Value Without RiskUse-Value With Risk
I2,2902,180
II2,0601,970
III1,5301,460
IV1,2201,160
Avg. I-IV 1,9801,890
V920870
VI760730
VII460440
Avg. V-VII590570
Avg. I-VII1,9401,850
VIII150140

For all applicable use-value estimates, view Petersburg City’s brochure