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

Land ClassUse-Value Without RiskUse-Value With Risk
I1,5501,480
II1,4001,330
III1,040990
IV830790
Avg. I-IV 1,2601,200
V620590
VI520490
VII310300
Avg. V-VII520490
Avg. I-VII1,2501,190
VIII100100

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