1. It is 14 years old.
2. It has 188k miles and will need a new timing chain if not replaced yet, plus a lot of other stuff.
3. The 4" lift has an unknown quality. Ditto the installation of the 4" lift. This could affect negatively the value both now and at resale.
4. The wheels, tires, sound system, and all the other "options" add little or no value. If they are something you were going to put on your Jeep anyway, then OK. If you don't care about all these options then they are worth nothing.
5. Rust on driver side wheel well. If there is any rust anywhere then I would keep looking. If you are going on with this purchase, I would crawl under this thing with a sharp screwdriver and check all the mounting areas of the frame. This is doubly true if you live in the rustbelt.
6. All in all, look for a bone stock jeep. 12k miles per year is the national average, so factor that in. Higher mileage and much lower mileage than this average should raise a flag.