MOA for vacant land

[Nicholas Le]

Hello everyone, I’m just starting out in wholesaling in Dallas/Fort Worth, Texas. I began by d4d in my neighborhood and come to find that there are over 40 vacant lots in my neighborhood alone. I’m using batchskiptrace to skip trace each lot but need help calculating what the land is worth and what price I should be offering. To get what the land could be worth, I just took the average price per square foot of the lots that sold in the neighborhood in the past year and used that to find the “worth” of each lot. Let me know if I’m doing right or if there’s another method. Thank you!