Goochland

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,640	1,570
II	1,480	1,410
III	1,100	1,040
IV	880	830
Avg. I-IV	1,220	1,160
V	660	630
VI	550	520
VII	330	310
Avg. V-VII	520	490
Avg. I-VII	1,170	1,110
VIII	110	100

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