Gloucester

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,960	2,820
II	2,660	2,530
III	1,970	1,880
IV	1,580	1,500
Avg. I-IV	2,430	2,310
V	1,180	1,130
VI	990	940
VII	590	560
Avg. V-VII	880	840
Avg. I-VII	2,370	2,250
VIII	200	190

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