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<p>Hello all. I have a question concerning how much railroad track would cost per mile, and buy railroad track i mean jointed, not in the best shape railroad track. Lets say there is a 25 mile railroad line in rural iowa/illinois. Its owned by some big railroad, and someone wants to buy it. I found that the RCP&E bough 670 miles from the Canadian Pacific for $210,000,000. I divided that by 670 miles and got $313,432... per mile. Then I saw that Ed Ellis bought a 140 mile line that was in bad condition for $2,750,000. That came out to $19,642 per mile. Anyone know an average/estimate on how much 1 mile of bad track would cost? Thanks!</p>
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