Yes there is. In this case, I'd say $150 would be a good price and $250 or more at the end-user. Searches are not a criteria for this name (140 avg./month), and the value is mostly dictated by the (targeted) niche. A lucrative destination for this domain can be a drop shipping e-business for these particular niched products (rotary/optical/linear/etc. encoders), also small/local companies with low online presence can be a segment to try advertising the name, and that would be the main value of this name in my opinion.