Goochland

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,490	1,420
II	1,340	1,270
III	990	940
IV	790	760
Avg. I-IV	1,100	1,040
V	590	570
VI	500	470
VII	300	280
Avg. V-VII	470	440
Avg. I-VIII	1,060	1,000
VIII	100	90

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