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

Land ClassUse-Value Without RiskUse-Value With Risk
I370360
II340320
III250240
IV200190
Avg. I-IV 260250
V150140
VI120120
VII7070
Avg. V-VII9090
Avg. I-VII230220
VIII3020

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