Shenandoah

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,050	1,000
II	950	900
III	770	670
IV	560	540
Avg. I-IV	770	730
V	420	400
VI	350	330
VII	210	200
Avg. V-VII	280	260
Avg. I-VII	720	680
VIII	70	70

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