Lancaster

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,490	2,370
II	2,240	2,130
III	1,660	1,580
IV	1,330	1,260
Avg. I-IV	2,220	2,110
V	990	950
VI	830	790
VII	500	470
Avg. V-VII	840	800
Avg. I-VII	2,190	2,080
VIII	170	160

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