The 20,000 sq ft supermarket would employ up to 200 and be sited on Brighouse Road opposite the Black Dyke Mills complex in the village centre.
Jacqui Richards, on behalf of Tesco, collated comments in the Victoria Hall.
She said the store would be smaller than most Tesco stores and sell predominently food.
"Many people have said they wanted a store in the village that they can walk to," she said.
"This is basically a food offering with one or two household items and no clothing or white goods."
The site has already been designated as suitable for a supermarket by Bradford Council.
Traffic and noise were the major causes of concern but most visitors were in favour.
Violet Ingham, of Low Fold, said a new store would create more competition.
"There is traffic wherever you go nowadays.
"A lot of food shops have closed and been replaced with hairdressers and estate agents so I think a Tesco store is a good idea," she said.
Chris Kenna, also of Low Fold, was in favour but suggested traffic entering and leaving the site should be controlled by traffic lights.
Brian Raistrick, of Moor Close Road, looked forward to more choice and improved quality shopping in the village, which would encourage him to shop locally.
"We are having to travel out of the area to shop," he said.
The store would have 165 car parking spaces and be the first major investment in shopping in the area for 30 years.