The junk or demolition value of a structure, calculated at the end of its utility span, that has lost all of its structural strength and is near to its demolition is called:

Correct option is B

Scrap Value:
 The value of an asset or property when its utility is considered to be junk or scrap.
Book Value:
 The value of the asset or property shown in the account books in that particular year.
Market Value:
 Market value (open market value) is the price an asset would fetch in the marketplace. Assessed Value:
Assessed Value:
 For the purpose of taxation, a property is assessed for its monetary worth. This ascertained price is known as assessed value.