Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Gateway Dr Cincinnati, OH 45242
    Back to Search
    Property profile & analytics

    Gateway Dr, Cincinnati, OH 45242

    View on Map
    • Office Spaces
    • 200,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ascend Local / Advertising Agency / Marketing & Advertising
    • Fleur a Flair Heirloom Floral Preservation / Florist / Wedding Service
    • pelican studio architect / Architect
    • Helmes Andrew J / Law Firm
    • Davidson L Joshua / Law Firm

    Property Details for 0 Gateway Dr

    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    This exceptional Class A office property, located in Blue Ash, Ohio's desirable Summit Park submarket, offers a total of 200,000 square feet of versatile space across two buildings. The property is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants seeking spaces ranging from 25,000 to 200,000 contiguous square feet. The flexible floor plans cater to a variety of office needs, including traditional, executive, medical, and creative office uses. The building boasts ample parking, with a 5:1000 ratio ensuring convenient access for employees and clients. Situated in Hamilton County, with a precise address on Gateway Drive, zip code 45242, this property benefits from its prime location within the highly sought-after Class A submarket cluster of Blue Ash. The building's modern design and amenities make it an ideal location for businesses seeking a prestigious and functional workspace. This is a rare opportunity to secure a significant amount of high-quality office space in a thriving Cincinnati suburb. The property's size and flexibility make it suitable for a wide range of businesses, from large corporations to smaller, growing companies. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Hamilton
    State
    Ohio
    Longitude
    -84.3852
    Latitude
    39.2504

    Comparable in this City

    • Value Estimation by Request

      9380 Montgomery Rd

      Office Units
      9380 Montgomery Rd, Montgomery, OH 45242
      View Details
    • Value Estimation by Request

      9871 Montgomery Rd

      Restaurants
      9871 Montgomery Rd, Cincinnati, OH 45242
      View Details
    • Value Estimation
      $1,450,000
      0.90 Acres

      9844 Redhill Dr

      MEDICAL BUILDING
      9844 Redhill Dr, Blue Ash, OH 45242-5627
      View Details
    • Value Estimation by Request
      1.28 Acres

      4260 Glendale Milford Rd

      MEDICAL BUILDING
      4260 Glendale Milford Rd, Blue Ash, OH 45242-3763
      View Details
    • Value Estimation by Request
      976 SF

      9520 Montgomery Rd

      MEDICAL BUILDING
      9520 Montgomery Rd, Montgomery, OH 45242-7204
      View Details
    • Value Estimation by Request
      1,157 SF

      9758 Kenwood Rd

      MEDICAL BUILDING
      9758 Kenwood Rd, Blue Ash, OH 45242-6159
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,150 SF

      Blue Ash Office Space Opportunity

      Approved office space with ample parking and nearby amenities.
      4200 Cooper Rd, Blue Ash, OH 45242
      View Details
    • Contact for pricing
      3,384 SF

      Functional Office Space in Cincinnati

      Adaptable office space in a vibrant, walkable Cincinnati business district.
      9380 Main St, Cincinnati, OH 45242
      View Details
    • Contact for pricing
      6,447 SF

      Creative Office Space For Rent

      Dynamic office space in prime Mason Montgomery submarket location.
      9675 Montgomery Rd, Cincinnati, OH 45242
      View Details
    • Contact for pricing
      17,565 SF

      Prime Office Building For Sale

      Class A office building in strong medical corridor.
      10663 Montgomery Rd, Montgomery, OH 45242
      View Details
    • Contact for pricing
      10,000 SF

      Blue Ash Industrial/Office Building

      10,000 SF building with office and warehouse space.
      11297 Grooms Rd, Blue Ash, OH 45242
      View Details
    • New
      $170,000
      Pending

      Office Suite with Private Offices

      Well-appointed office suite with private offices, a freshly painted conference room, and plentiful parking.
      9200 Montgomery Rd, Montgomery, OH 45242
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr

      Freestanding Building on Montgomery Road

      Single-tenant building suitable for retail, service, medical, or office.
      9823 Montgomery Rd, Cincinnati, OH 45242
      View Details
    • $12 SF/Yr

      Cincinnati Office/Medical Suites for Lease

      Three suites available in well-located Cincinnati office/medical building.
      9563 Montgomery Rd, Cincinnati, OH 45242
      View Details
    • $14 SF/Yr

      Blue Ash Medical Office Suites

      Medical and professional suites available in Blue Ash.
      Blue, Cincinnati, OH 45242
      View Details
    • $15 SF/Yr
      11,003 SF

      Downtown Montgomery Office Space Available

      Office space for lease in a mixed-use building.
      9380 Montgomery Rd, Montgomery, OH 45242
      View Details
    • Contact for pricing

      Blue Ash Office Space Available

      Office spaces for lease in Blue Ash, Ohio.
      9987 Carver Rd, Blue Ash, OH 45242
      View Details
    • Contact for pricing
      10,925 SF

      Blue Ash Office Space Available

      Office space in Blue Ash with ample amenities and parking.
      9852 Redhill Dr, Cincinnati, OH 45242
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Gateway Dr
    Cincinnati, OH 45242
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Gateway Dr, Cincinnati, OH, 45242
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!