Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 2,470 | 2,350 |
II | 2,220 | 2,110 |
III | 1,640 | 1,570 |
IV | 1,320 | 1,250 |
Avg. I-IV | 2,130 | 2,030 |
V | 990 | 940 |
VI | 820 | 780 |
VII | 490 | 470 |
Avg. V-VII | 630 | 600 |
Avg. I-VII | 2,090 | 1,990 |
VIII | 160 | 160 |
For all applicable use-value estimates, view Prince George’s brochure