Probably a reasonable starting point if it's driveable. Are you prepared to put another 20 grand into it though? To help us give proper advice, you should tell us what your plans would be for the car. Will this be a daily driver? An occasional weekend car?
A car for full restoration-car shows? An investment? (cough, cough)

If it sat that long, it is likely not roadworthy, even for short jaunts. Figure an additional $2-4k to make it road worthy. Then you need to address all the rust-rot. Panel replacement and decent body work could be another $8-10k. Frame off resto even higher.

Your money may be better spent looking for a better, finished car. (yes, likely in the low 20's, approaching 30k these days).

I would just hate to see you spend $9k for that to only realize you need double the amount for a reasonable driver.

But if you are handy mechanically and can do panel replacement and bodywork + painting yourself, this could be a good match.

Shipping from Iowa to GA would be around $1500-$1800 unless you can trailer it yourself. But gas isn't cheap these days either.

The car looks like it needs most everything... Just my honest opinion. Can you fill in some of the blanks?

Oh, and that car would look stunning in its original Aegena Blue! But I'm a bit biased regarding that. The gold doesn't do it justice.