Thank you so much everyone for all the support and alternatives. I spent quite some time now going through all the options and they all seem to exist along the same price points. From field device, gateway, micro PLC and alternate direct manufacturer devices from Waukee, they all run about $500-700.
Project Managers ended up requesting alarming; audible and notification for each furnace location. As a result, I figured my easiest path to solve both issues is some audible IFM buzzers, a small 1215C Siemens micro controller and pulling the alarm data to the Proface screen. At the same time I can pull the Waukee single TCP master signal to the Siemens Micro PLC and then have all the other masters get the data from that acquisition since it's real time in the human eye sense. Kills two birds with one stone or so they say.
I have however logged a lot of data devices discovered from this conversation I haven't utilized before and may come into play in the future. One thing I don't seem to see an answer to regarding Modbus Gateways is whether it acts as a single broker (acting TCP master) for dual masters behind it (essentially whether it stacks requests and ensures the single device is only one transaction for the limitation) or whether it's still a switch that suffers the same problem and is only really meant to convert real serial pin to Ethernet. The device catalogs don't seem to specify how the architecture exactly works for that interface exchange unless it's obvious and I just don't know because I haven't needed to use one before (due mostly to modern PLC circuits everywhere in my building).
Thank you everyone, it has helped out a lot!