Franklin

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	780	750
II	710	670
III	520	500
IV	420	400
Avg. I-IV	530	510
V	310	300
VI	260	250
VII	160	150
Avg. V-VII	170	160
Avg. I-VII	500	480
VIII	50	50

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