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

Land ClassUse-Value Without RiskUse-Value With Risk
I990940
II890850
III660630
IV530500
Avg. I-IV 770730
V400380
VI330310
VII200190
Avg. V-VII270250
Avg. I-VII710680
VIII7060

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