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

Land ClassUse-Value Without RiskUse-Value With Risk
I1,0501,000
II950900
III770670
IV560540
Avg. I-IV 770730
V420400
VI350330
VII210200
Avg. V-VII280260
Avg. I-VII720680
VIII7070

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