Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 1,920 | 1,830 |
II | 1,730 | 1,650 |
III | 1,280 | 1,220 |
IV | 1,020 | 970 |
Avg. I-IV | 1,660 | 1,590 |
V | 770 | 730 |
VI | 640 | 610 |
VII | 380 | 370 |
Avg. V-VII | 490 | 470 |
Avg. I-VII | 1,630 | 1,550 |
VIII | 130 | 120 |
For all applicable use-value estimates, view Prince George’s brochure