Have to be leery when things are 1/3 price but some times it is legit.
I saw braid very cheap at a flea market. Brand new sealed boxes of 30 lb Power Pro. Guy was asking $7.00 - going rate was around $20.00 to $25.00.
Funny thing was - had a store sticker on back of package. One of our local bait stores. It had been stolen. I bought one spool - called store owner and gave him the spool. Police ended up investigating it , part of a much bigger theft ring.
With your deal - might be a legit bargain , good luck.
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