Carroll

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,190	1,140
II	1,070	1,020
III	800	760
IV	640	610
Avg. I-IV	780	740
V	480	450
VI	400	380
VII	240	230
Avg. V-VII	310	290
Avg. I-VII	590	560
VIII	80	80

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