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

Land ClassUse-Value Without RiskUse-Value With Risk
I440420
II390380
III290280
IV230220
Avg. I-IV 300290
V180170
VI150140
VII9080
Avg. V-VII140130
Avg. I-VII290280
VIII3030

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