Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 3,960 | 3,770 |
| II | 3,560 | 3,390 |
| III | 2,640 | 2,510 |
| IV | 2,110 | 2,010 |
| Avg. I-IV | 3,500 | 3,340 |
| V | 1,580 | 1,510 |
| VI | 1,320 | 1,260 |
| VII | 790 | 750 |
| Avg. V-VII | 1,010 | 970 |
| Avg. I-VII | 3,420 | 3,260 |
| VIII | 260 | 250 |
For all applicable use-value estimates, view Accomack’s brochure