Giles

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	340	320
II	300	290
III	220	210
IV	180	170
Avg. I-IV	230	220
V	130	130
VI	110	110
VII	70	60
Avg. V-VII	100	100
Avg. I-VII	170	170
VIII	20	20

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