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

Land ClassUse-Value Without RiskUse-Value With Risk
I430410
II390370
III290270
IV230220
Avg. I-IV290280
V170160
VI140140
VII9080
Avg. V-VII10090
Avg. I-VIII230220
VIII3030

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