5G Cell Search (CS) is the first step for user equipment (UE) to initiate the communication with the 5G node B (gNB) every time it is powered ON. In cellular networks, CS is accomplished via synchronization signals (SS) broadcasted by gNB. 5G 3rd generation partnership project (3GPP) specifications offer a detailed discussion on the SS generation at gNB but a limited understanding of their blind search, and detection is available. Unlike 4G, 5G SS may not be transmitted at the center of carrier frequency and their frequency location is unknown to UE. In this work, we demonstrate the 5G CS by designing 3GPP compatible hardware realization of the physical layer (PHY) of the gNB transmitter and UE receiver. The proposed SS detection explores a novel down-sampling approach resulting in a significant reduction in complexity and latency. Via detailed performance analysis, we analyze the functional correctness, computational complexity, and latency of the proposed approach for different word lengths, signal-to-noise ratio (SNR), and down-sampling factors. We demonstrate the complete CS functionality on GNU Radio-based RFNoC framework and USRP-FPGA platform. The 3GPP compatibility and demonstration on hardware strengthen the commercial significance of the proposed work.