Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 4,400 | 4,190 |
| II | 3,960 | 3,770 |
| III | 2,940 | 2,800 |
| IV | 2,350 | 2,240 |
| Avg. I-IV | 3,890 | 3,710 |
| V | 1,760 | 1,680 |
| VI | 1,470 | 1,400 |
| VII | 880 | 840 |
| Avg. V-VII | 1,130 | 1,080 |
| Avg. I-VII | 3,810 | 3,630 |
| VIII | 290 | 280 |
For all applicable use-value estimates, view Accomack’s brochure