Danville City

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	530	500
II	470	450
III	350	330
IV	280	270
Avg. I-IV	360	350
V	210	200
VI	180	170
VII	110	100
Avg. V-VII	170	160
Avg. I-VII	360	340
VIII	40	30

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