I guess the biggest answer is "depends." Without pictures it's hard to tell. Turbo cars are somewhat more desirable than the N\A 301 cars, and any 2nd gen Trans Am that isn't a complete rot box these days is commanding more than *I* think they are worth. I would say depending on body rust, turbo condition, and AC functionality, if all of that is great and fine then it is closer to $10k. If the AC stuff is all removed and the turbo is coked up, $5k is closer.
That said, $10k for a turbo car is pretty steep so I would expect you'd have to really want it and it be in really good shape for that price, as you likely won't find too many other buyers out there looking for them.
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