Virginia Beach City

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,740	2,610
II	2,470	2,350
III	1,830	1,740
IV	1,460	1,390
Avg. I-IV	2,040	1,940
V	1,100	1,040
VI	910	870
VII	550	520
Avg. V-VII	560	530
Avg. I-VIII	2,030	1,940
VIII	180	170

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