Lancaster

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	3,260	3,100
II	2,930	2,790
III	2,170	2,070
IV	1,740	1,650
Avg. I-IV	2,900	2,760
V	1,300	1,240
VI	1,090	1,030
VII	650	620
Avg. V-VII	1,100	1,040
Avg. I-VIII	2,860	2,730
VIII	220	210

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