The State Equalized Value (half of the assessed or market value) shown in the Public Records is $155,420 for 2008 down from $168,720 in 2007. This value could be somewhat high as we are in a declining market. It appears that the property sold for $650,000 in 2005, although it was listed as a different address. Other vacant lots about the same size have sold in 2006 for $325,000 and 2007 for $495,000. For more information on comparable sales, please feel to contact me.
Most professional Realtors would advise you to work in a "Buyer's Agency Relationship" if you want somebody to evaluate comparable properties and negotiate on your behalf. There are ways to structure an offer to assure you do not pay more than market value or below, depending on your investment objectives.
Also, it is difficult to provide you further information without understanding the purpose or use you would want to have in such a property.
If you would like us to address any specific details related to this property or the area in general, don't hesitate to contact.
"The Pearson Group"
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I think you would need a buyer's agent to give you an estimation of a good price. Someone needs to look at the property with you and evaluate it against other similar properties.
If you do not have a buyers agent and you would like help with this, please feel free to let me know.