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domain LoLserverStatus.com - 49,500 exact matches on Google (League of Legends)

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Hey guys I have this domain : LoLserverStatus.com

Its gets 49,500 exact matches for this particular keyword. However, there is no ad competition.

Does it still have some value? Should I drop it?

OR

Could it have some value if I built a website and drove traffic to it?
 
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Additional info:

LoL stands for the game league of legends. A LoL server status search has the leagueoflegend.com status, and sever staus as the top two results. I'm now sure how accurate their notifications are, but if they are, they will recieve a vast majority of user traffic.

As to the value, I'm not experienced enough to say there is or isn't. You'd have to offer a better service than the one provided on the LoL official website somehow.
 
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Thanks Grilled Jesus! Appreciate the feedback.

I think I could either try to flip it or build a website that will rank somewhere on the first page.
 
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