Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 4,070 | 3,880 |
| II | 3,670 | 3,490 |
| III | 2,720 | 2,590 |
| IV | 2,170 | 2,070 |
| Avg. I-IV | 3,610 | 3,430 |
| V | 1,630 | 1,550 |
| VI | 1,360 | 1,290 |
| VII | 810 | 780 |
| Avg. V-VII | 1,040 | 1,000 |
| Avg. I-VII | 3,520 | 3,360 |
| VIII | 270 | 260 |
For all applicable use-value estimates, view Accomack’s brochure