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

Land ClassUse-Value Without RiskUse-Value With Risk
I3,0602,920
II2,7502,620
III2,0401,940
IV1,6301,550
Avg. I-IV 2,6802,550
V1,2201,170
VI1,020970
VII610580
Avg. V-VII1,0901,040
Avg. I-VII2,3802,260
VIII200190

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