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

Land ClassUse-Value Without RiskUse-Value With Risk
I2,2202,210
II2,0001,910
III1,4801,410
IV1,1901,130
Avg. I-IV 1,9201,840
V890850
VI740710
VII440420
Avg. V-VII570550
Avg. I-VII1,8801,800
VIII150140

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