Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 1,440 | 1,370 |
| II | 1,300 | 1,230 |
| III | 960 | 910 |
| IV | 770 | 730 |
| Avg. I-IV | 1,030 | 980 |
| V | 580 | 550 |
| VI | 480 | 460 |
| VII | 290 | 270 |
| Avg. V-VII | 430 | 410 |
| Avg. I-VII | 950 | 900 |
| VIII | 100 | 90 |
For all applicable use-value estimates, view Rockingham’s brochure