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

Land ClassUse-Value Without RiskUse-Value With Risk
I1,1201,070
II1,010960
III750710
IV600570
Avg. I-IV 830790
V450430
VI370360
VII220220
Avg. V-VII350340
Avg. I-VII800760
VIII7070

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