James City

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,930	2,790
II	2,640	2,510
III	1,950	1,860
IV	1,560	1,490
Avg. I-IV	2,480	2,360
V	1,170	1,120
VI	980	930
VII	590	560
Avg. V-VII	810	770
Avg. I-VII	2,430	2,210
VIII	200	190

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