That's my appraisal. You can't make up an arbitrary formula to determine the value of a domain name. Your domain gets 1% of the amount of searches your only comp gets, so it's a stretch to begin with. Best of luck.This is a question or part of the valuation formula?
Geo domains are different because they have specific end users. These are much harder to sell because unless it's a killer phrase, it's hard to find someone for it. I hope you can sell it, good luckIt isn't my formula. the previous posted mentions cpc so I googled and saw the formula I posted.
Like I mentioned, I sell domains for $300+ all the time that have 10 searches a month. So I don't really care about any formulas.