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

Land ClassUse-Value Without RiskUse-Value With Risk
I2,4002,280
II2,1602,060
III1,6001,520
IV1,2801,220
Avg. I-IV 1,9701,880
V960910
VI800760
VII480460
Avg. V-VII720680
Avg. I-VII1,9201,830
VIII160150

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