Carroll

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,170	1,120
II	1,050	1,000
III	780	740
IV	620	600
Avg. I-IV	760	730
V	470	450
VI	390	370
VII	230	220
Avg. V-VII	300	280
Avg. I-VII	570	540
VIII	80	70

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