I have never gotten the fortunate privilage to ride this short short line. I kind of wish that I had now, or even gotten to take photo's of it. As for the sale of it, $1,500,000.00 seems kind of high for it. I'm not for sure of the rail or equipment that they have there?
I was told that they had some really old 90 lb. Dudley (New York Central rail) most of it from the photo's looks to be very worn. Although that could be an optical illusion through the photo's. I would have to see the track up close to see what they had. The two 44 ton switchers depending on their condition could or should bring anywhere in the ballpark of about $45, 000.00 to $60,000.00 may be less if they are really worn out. Any of the train cars may come around about $5,000.00 to $20,000.00, again depending on their condition. Rail salvage value on the other hand may or may not come up very high. There is no doubt that the rail is worth something. Ties not good. To overhaul the line or even part of it, will be ate up by the replacement ties. Tie disposal will be another problem, as this track appears to be very much in need. Personally I would think a guy might be able to sell it for anywhere close to $ 900,000.00, but that is it. Who ever was to aquire it to run it, is guaranteed to be spending about half that much in ties and ballast.