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

Land ClassUse-Value Without RiskUse-Value With Risk
I2,7102,580
II2,4402,320
III1,8101,720
IV1,4501,380
Avg. I-IV 2,2302,120
V1,0801,030
VI900860
VII540520
Avg. V-VII810770
Avg. I-VII2,1702,070
VIII180170

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