One Gateway Place I & II
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
High ConfidenceBased on 10 comparable office sale listings in the area.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $17.50/SF | — | direct_comps |
| Utilities | — | 14.7¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1467/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| OpenSearch Listings | comparable_listings | 10 | — | real-time | — |
Description
One Gateway Place stands as a distinctive landmark in Cincinnati’s commercial landscape, where innovative design meets rich heritage. Originally built as the headquarters for Kenner Products, the legendary toy company that brought beloved brands like Star Wars action figures and Easy-Bake Ovens to generations of children, this property embodies a unique blend of creative legacy and architectural distinction. The building’s striking design elements and thoughtful construction reflect the innovative spirit that once drove one of America’s most celebrated toy manufacturers, creating an inspiring environment that continues to attract forward thinking businesses. Today, One Gateway Place offers tenants the rare opportunity to occupy a space where imagination once flourished, combining the property’s storied past with modern functionality in a truly one-of-a-kind Cincinnati address.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
615 elsinore pl cincinnati, oh, 45202, cincinnati, OH 45202
Market Context
As of Q1 2026, the Cincinnati office market showed average asking rents near $20.68/SF/yr, and rents up 4.0% year over year. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.7%, asking rent trend-adjusted to today).
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Compare it against other office listings for sale in Cincinnati, OH to benchmark pricing and space — view the full market.
Unified Estimate
High ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Sale Price History
Market report quarterly trend fallback
- Avg Rent ($/SF/yr) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: office in cincinnati, OH
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