The rail yard is being dismantled to allow for redevelopment of the land and some of the rolling stock will be put on display at the Cape Charles Museum and Visitor Center. Remaining rolling stock, such as flatcars and ex-Southern Railway gondolas built in the 1930s and 1940s, is being offered for donation to railroad museums. An article in "Railway Track & Structures "dated July 2, 2019, stated that Cassatt Management LLC planned to file to abandon the line. Conversion to a rail-trail is under consideration. This was followed by a filing with the STB on July 15, 2019. The proposal to establish an operating railroad museum has appeared to have withered and there's no mention of it in the abandonment filing, nor does the website of the New York, Philadelphia & Norfolk Railroad Resurrection, Ltd., show any meetings past the one on February 13, 2019.