95 S Market St
95 S Market St is a 8-story building in Downtown San Jose with 59% of its floor area within daylight reach of a facade. This screen estimates 163 homes and scores it 35 out of 100 for office-to-residential conversion suitability.
CA-18 · Screened 2026-09-12 · Marginal
Where 95 S Market St is
Its block in Downtown San Jose, drawn from San Jose's own building outlines and street centerlines.
- Already housing
- Not screened
- 95 S Market St
This building does not pencil at default assumptions, even with a modeled RESIDE Act grant.
Every floor carries 14,980 sq ft of windowless core — area that must be gutted, seismically braced and sprinklered but can never be rented as an apartment. Across 7 residential floors that is 104,862 sq ft of cost carrying no revenue.
Modeled conversion metrics for 95 S Market St, 2026-09-12.
| Suitability scoreMarginal | 35 / 100 |
|---|---|
| Storiesfrom 91 ft LiDAR height ÷ 12 ft floor-to-floor | 8 |
| Floor plateper floor, from the city footprint | 36,848 sq ft |
| Daylight efficiencyshare within 35 ft of a facade | 59% |
| Deepest interior pointviability threshold is 80 ft | 95 ft |
| Windowless coreper floor — renovated but never rentable | 14,980 sq ft |
| Estimated homesat 750 sq ft average | 163 |
| Conversion cost$405/sq ft all-in on 257,934 sq ft | $104.5M |
| Gap before grantshortfall against completed value | $35.2M |
| Modeled RESIDE grantbelow the statutory cap | $9.8M |
| BuiltSan Jose does not publish a construction year with this data | — |
| ZoningDowntown San Jose | DC |
| Opportunity Zonecensus tract 06085500800, 2018 designation | Yes |
The plan: window line, shape and floor rhythm
34 ft of exterior wall for each home the screen estimates — enough for two- and three-bedroom homes across the plan.
The typical floor has 793 ft of exterior wall, and across 7 residential floors the building carries 5,551 ft of it in total, divided among the 163 homes this screen estimates.
Its plate is compact at 0.74: close to a square or a circle, the most efficient envelope an office can have and the least generous one for apartments: little perimeter to divide among homes. How window line and plate shape are measured.
At the model’s 750 sq ft average, the plan works out at about 23.3 homes per floor, repeated on every residential floor, since this building's outline does not change as it rises.
Why 95 S Market St scores 35 out of 100
The weighted components add to 41, but the score is capped at 35 because its deepest interior point is 95 ft from a facade, past the 80 ft threshold beyond which conversion requires carving a light well.
Score components for 95 S Market St. Points are the subscore times its weight.
| Component | Subscore | Weight | Points |
|---|---|---|---|
| Daylight efficiency59% of the floor area within 35 ft of a facade, scored from 40% up to 90% | 39 | 45% | 17.4 |
| Interior depthdeepest interior point 95 ft from a facade, scored from 80 ft down to 40 ft | 0 | 25% | 0.0 |
| Scale163 estimated homes, scored from 0 up to 150 | 100 | 15% | 15.0 |
| Financeremaining gap is 24% of conversion cost, scored from 60% down to 0% | 59 | 15% | 8.9 |
Most of what it earns comes from daylight efficiency, and what holds it back most is interior depth, at 0 out of 100: deepest interior point 95 ft from a facade, scored from 80 ft down to 40 ft.
What the conversion would cost
$405 per square foot all-in across 257,934 sq ft of converted floor, or $104.5M in total — about $641K for each of the 163 homes.
All-in cost per square foot for 95 S Market St: base cost plus the code work a change of use triggers.
| Base conversion cost | $260/sq ft |
|---|---|
| Seismic retrofit (change of use) | $45/sq ft |
| Plumbing risers to every unit | $40/sq ft |
| Operable windows and glazing | $30/sq ft |
| Additional egress stair | $18/sq ft |
| Fire sprinklers (NFPA 13R) | $12/sq ft |
| All-in | $405/sq ft |
That cost is charged across every converted square foot, including the 104,862 sq ft of windowless core, which has to be gutted, seismically braced and sprinklered like the rest of the building and then earns nothing. Against it the model sets a completed value of $425K a home, which for 163 homes is $69.3M.
What would have to be true
A $35.2M gap before any grant, $25.4M after the modeled one. The smallest single change that would close it: average unit size 27% down.
The shortfall before any grant is $35.2M. Closing it from the value side means each of the 163 homes finishing at $641K rather than the $425K the model assumes — 51% more. Closing it from the cost side means getting all-in cost down from $405 to $269 per square foot.
A modeled RESIDE grant of $9.8M moves that threshold to $581K a home. That is still above the $425K assumed, leaving $25.4M uncovered, which is why the grant does not unlock this one.
Nor do all four levers have to move. For 95 S Market St, one alone would close the gap at:
Single-assumption flip points for 95 S Market St, each holding the other three at their defaults.
| Average unit sizethe binding constraint — the least this building would need | 27% downto 549 sq ft |
|---|---|
| Completed value per home | 37% upto $581K |
| Conversion cost per square foot | 38% downto $161/sq ft |
All four are sliders in the survey, where 95 S Market St re-scores against your own numbers.
How it compares in Downtown San Jose
95 S Market St ranks 59th of the 82 buildings screened here, against a median score of 64.
Its floor plate is better lit than 23% of them, and shallower than 22% of them at its deepest interior point. On size it is the 53rd largest by estimated homes. The full survey of all 82 buildings ranks and maps every one of them, and the list by address links each to its own page.
Within the DC zone
50th of 72 zoned DC — the comparison that shares its rules, rents and streets.
72 of the screened buildings are zoned DC. 95 S Market St ranks 50th of them against a median score of 61. 31 score 70 or more, their median deepest interior point is 68 ft from a facade against this building’s 95 ft, and together they would hold an estimated 23,276 homes. The group’s top scorer is 1 Almaden Blvd, at 100.
Its nearest match in size: 210 S 1st St
The screened building closest to 95 S Market St in converted floor area is 210 S 1st St: 249,451 sq ft over 7 stories, against 257,934 sq ft over 8 here.
210 S 1st St scores 50 and 95 S Market St only 35, and the difference is a hard fail rather than a matter of degree: the lower one is capped at 35 because its deepest interior point is 95 ft from a facade, past the 80 ft threshold beyond which conversion requires carving a light well. On the money they sit in the same place: each falls short even with the modeled grant. The two stand about 1,200 ft apart.
Would it qualify for a RESIDE Act grant?
The model awards 95 S Market St $9.8M, on the assumption it qualifies. Whether it does, no published dataset can say.
That figure assumes the building meets the Act’s vacant-and-abandoned test, which turns on code-enforcement and receivership records no city publishes.
This building does sit in census tract 06085500800, a 2018 designated Opportunity Zone, which Section 201 lets HUD favor — one of the few statutory priorities this screen can actually check.
Other buildings screened near 95 S Market St
The 4 closest the screen also covers, from 170 ft away. They are the colored outlines on the plan at the top of this page.
- 51 S Market St8 stories · 67% daylit · 146 estimated homes · scores 52/100 (Worth a feasibility study)about 170 ft away
- 121 S Market St12 stories · 89% daylit · 115 estimated homes · scores 88/100 (Strong candidate)about 250 ft away
- 80 S Market St10 stories · 96% daylit · 243 estimated homes · scores 94/100 (Strong candidate)about 290 ft away
- 60 S Market St18 stories · 79% daylit · 241 estimated homes · scores 78/100 (Strong candidate)about 310 ft away
A screen, not a feasibility study, from outlines and heights rather than plans: the method and how to correct a figure. If you know this building’s interior, you know what this model cannot see.