I know the term as dropcatching and not as dropsnapping, I don't understand these appraisals when there is a million dollar industry revolving around dropcatching domains, in my opinion this is definitely low $xx,xxx and not low $x,xxx. The whole discrimination between developed and undeveloped is imo redundant in this case, you make that distinction íf and only if the name does not directly relate to a specific market and you certainly make that distinction if there's no relation to any market. This name is as clear cut as they come, low $xx,xxx undeveloped and the sky is the limit if you develop it properly. Developing a portal site for drop catchers seems the most obvious approach, I would not just use commission sites for this, a direct approach seems warranted given the high potential.