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

Land ClassUse-Value Without RiskUse-Value With Risk
I660630
II590570
III440420
IV350340
Avg. I-IV 440430
V260250
VI220210
VII130130
Avg. V-VII150150
Avg. I-VII350340
VIII4040

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