Shenandoah

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,070	1,020
II	960	920
III	710	680
IV	570	540
Avg. I-IV	780	740
V	430	410
VI	360	340
VII	210	200
Avg. V-VII	280	270
Avg. I-VII	730	700
VIII	70	70

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