Rice Farmland in Virginia

Rice farmland in Virginia for a 640 - 1,000 Acres parcel costs approximately $7,971 per acre, with a total investment of $6,536,220. The estimated annual ROI is 4.0% with cash rent of $319 per acre.

Virginia has 43,200 farms with an average size of 178 acres. Farmland prices average $5,500 per acre statewide, with 2.8% year-over-year appreciation. Cash receipts total $4.1B annually.

The estimated annual ROI is 4.0% for a 640 - 1,000 Acres parcel, generating $258,300 in annual income ($315 per acre). The 5-year appreciation estimate is 1180.0%.