Pricing a wholesale deal with no comps

[Matthew B.]

I'm kinda stuck. I have a seller who needs to sell 5 acres of land. It's a unique commercial property in an area with nothing else close to that size available. I can't find any comps that are even remotely similar within 50 miles. I've asked around to some other investors but none of them are looking for commercial property. And to be honest, vacant land is not my specialty, especially commercial vacant land. What would you do? Should I get it under contract and advertise it? I'd like to get a pretty good idea of the ARV before I waste the seller's time. Any advice would be appreciated!