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

Land ClassUse-Value Without RiskUse-Value With Risk
I120110
II110100
III8080
IV6060
Avg. I-IV 10090
V5050
VI4040
VII2020
Avg. V-VII3030
Avg. I-VII8070
VIII1010

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