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

Land ClassUse-Value Without RiskUse-Value With Risk
I3,9603,770
II3,5603,390
III2,6402,510
IV2,1102,010
Avg. I-IV 3,5003,340
V1,5801,510
VI1,3201,260
VII790750
Avg. V-VII1,010970
Avg. I-VII3,420 3,260
VIII260250

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