That absolutely depends on the exact location, the best use of the vacant land, the current zoning (residential vs. commercial). The best way to figure value of land is to first determine the best use for the land. If it is a vacant lot with commercial potential/zoning, then the value would be higher than simply a residential lot. Nearby amenities, etc. also play a role. I would be more than happy to do a proper valuation for you - contact me so I can get the details of the property.