Nice RR. I wasn't aware there was a beard competition held there annually. I recognized a couple of the names on the past winners shirt too!
Not much left in that little area as you witnessed, it seems to decline each time I go back. It should look very different by next years contest if you're back...word around town is that they city is planning on leveling two or three entire city blocks soon due to the buildings being vacant for so long, they have just become impossible to up keep. Sad really, it was a nice area for quite a while, but once Pennzoil and Quaker State packed up, a lot of people lost some of the only decently paying jobs that were there at the time.
Still some wonderful sights to see, nature wise, around there, but that's about all it has going for it any more.