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

Land ClassUse-Value Without RiskUse-Value With Risk
I2,8402,710
II2,5602,440
III1,8901,800
IV1,5201,440
Avg. I-IV 2,4502,330
V1,1401,080
VI950900
VII570540
Avg. V-VII950900
Avg. I-VII2,3902,280
VIII190180

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