Westmoreland

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	2,520	2,400
II	2,270	2,160
III	1,680	1,600
IV	1,350	1,280
Avg. I-IV	2,210	2,100
V	1,010	960
VI	840	800
VII	500	480
Avg. V-VII	520	500
Avg. I-VIII	2,110	2,010
VIII	170	160

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