In 1984, the city annexed the former naval base into the city to use it for further growth and development as the Clay County Port and Reynolds Industrial Park. The air station is now a private airfield known as Reynolds Airpark (FAA airfield identifier FL60) with a single asphalt runway currently operational, although reportedly in poor condition. Though the original air traffic control tower is still standing, attached to one of the former Navy aircraft hangars, the airfield remains an uncontrolled facility.