someone owns it but it just has a for sale page. not even one with a bunch of ads on it, just an email link. it is 4 years old. it is not a real word it is an acronym. I know this is kind of a vague question but any help or advice given would be greatly appreciated. if that is not enough information can someone tell me the facotrs that determine a domains price? Thanks for your time.
it depends on the letters, take a look at llllsales.com there's a database of past sales. moreover there's an interesting reading about short domains here: http://llll.com/domains/short-domain-name-guide/ ciao
http://www.acronymfinder.com/ is a large database of acronyms so you can find potential end users who may be interested in buying the domain.
Asking question yourself; why you want it? this will give you an objective belief what would be the rational price?