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

Land ClassUse-Value Without RiskUse-Value With Risk
I940900
II850810
III630600
IV500480
Avg. I-IV 700670
V380360
VI310300
VII190180
Avg. V-VII290280
Avg. I-VII670640
VIII6060

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