[5] A 6.3-mile-long (10.1 km) segment from I-95 east of Parkton to Camden Road west of Hope Mills is signed as North Carolina Highway 295 (NC 295).

The open 6.3-mile-long (10.1 km) segment of NC 295 begins in Robeson County between Parkton and Hope Mills.

NC 295 heads northwest, having a diamond interchange with roundabouts at Parkton Road, exit 2, before crossing into Cumberland County.

The highway briefly continues north before curving west around Upchurches Pond before meeting the northern terminus of the interim southern segment at a diamond interchange with Camden Road.

The entire 22-mile (35 km) route is a divided four-lane highway with a maximum speed limit of 65 mph (105 km/h).

Signs designation "Future I-295" were put up along the route when the section between I-95 and River Road was opened in July 2005.

In May 2019, the FHWA officially added the then open 14.1 miles (22.7 km) of NC 295 to the Interstate System, this follows up on approval by AASHTO late 2018.

[10] The North Carolina Department of Transportation (NCDOT) may have received a waiver since two parts of it (namely the bridge that crosses the Cape Fear River and its interchange with I-95) are not quite up to Interstate Highway standards.

[13] On August 4, 2014, a 1.7-mile (2.7 km) new section of the Fayetteville Outer Loop opened between Murchison Road and Bragg Boulevard.

On August 11, 2016, a 6.5-mile (10.5 km) new section opened between Murchison Road and Ramsey Street, connecting the two existing segments of the Fayetteville Outer Loop together.

[2] The final contract, which covered the route between US 401 and Camden Road, was awarded to Civil Branch in the summer of 2022.